Let's say I have two files.

ip.json

{
    "host1": "1.1.1.1",
    "host2": "1.1.1.2",
    "host3": "1.1.1.3"
}

specs.json

{
    "host1": {
        "cores": 2,
        "memory": 4
    },
    "host2": {
        "cores": 4,
        "memory": 8
    },
    "host3": {
        "cores": 2,
        "memory": 6
    }
}

I want to merge the information from ip.json into a new field in specs.json, so the result would be like this:

result.json

{
    "host1": {
        "cores": 2,
        "memory": 4,
        "address": "1.1.1.1"
    },
    "host2": {
        "cores": 4,
        "memory": 8,
        "address": "1.1.1.2"
    },
    "host3": {
        "cores": 2,
        "memory": 6,
        "address": "1.1.1.2"
    }
}

Is there a way doing what I want using jq ?