The IRIS network is part of the larger Cosmos network — all zones in the network would be able to interact with any other zone in the Cosmos network over the standard IBC protocol. By introducing a layer of service semantics into the network, we are going to provide an innovative solution that enables a whole new set of business scenarios, which would result in an increase in scale and diversity of the Cosmos network.
IRISnet (a.k.a IRIS Hub) is designed to be the foundation for the next generation distributed applications. Built with Cosmos-SDK, IRIS Hub enables cross-chain interoperability through a unified service model, while providing a variety of modules to support DeFi applications.
IRISnet dev teams include Bianjie, a national award-winning blockchain technology team based in Shanghai, and Tendermint, the world-famous team that created the Tendermint consensus engine and the Cosmos project.