IRISnet

IRISnet IRIS

$0.0557
Market Cap $ 46.631 MM (#175)
24h Volume $ 10.646 MM
Chg. 24h: 26.99%
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IRISnet project purpose and description

IRISnet clarity of purpose

IRISnet purpose and aspects

IRISnet is a service infrastructure and protocol built on top of Cosmos that facilitates construction of distributed business applications.

IRISnet categories

PlatformDigital currencyMarketplace

Short description

IRISnet is an interchain service hub built with Cosmos-SDK. It provides the foundation for next generation distributed business applications. IRISnet enables cross-chain interoperability through a unified service model, and allows integration and interoperablity of computing services offered by heterogeneous systemsincluding public blockchains, consortium chains and legacy (centralized) systems. It is also another Cosmos Hub and is designed to work with ATOM Hub to add enhanced security and scalablity to Cosmos ecoystem.

Abstract

IRIS Network (a.k.a. IRISnet) aims to establish a technology foundation to facilitate construction of next-generation distributed applications. By incorporating a comprehensive service infrastructure and an enhanced IBC protocol into Tendermint & Cosmos stack, IRISnet enables service interoperability as well as token transfers across an internet of blockchains. As the centerpiece of IRISnet, IRIS Hub (a.k.a. IRIShub) will be the first regional hub connecting to the main Cosmos Hub, thus making IRISnet an inseparable part of the whole Cosmos Network.

Link to Roadmap: https://github.com/irisnet/irisnet/blob/master/WHITEPAPER.md#roadmap
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