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.
The IRIS network is an internet of blockchains intended to provide a technology foundation that facilitates construction of distributed business applications.
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.