IRISnet is a service protocol and cryptocurrency aimed at providing a blockchain-based, open network for small and medium businesses offering various services. It seeks to leverage different public and consortium blockchains to create decentralized, open networks to serve businesses and freelance service providers.
IRISnet operates as a service infrastructure and protocol built using the Cosmos SDK and the Tendermint consensus layer. It functions as a communication relay for other blockchains and their applications. The network utilizes a Bonded Proof-of-Stake (BPoS) consensus mechanism to secure the blockchain and enable the processing of transactions. It also supports smart contracts to facilitate various services and applications.
IRISnet is designed to bridge blockchain technology and traditional business applications, facilitating communication between distributed business applications. Potential use cases include:
It targets industries such as supply chain management, healthcare, intellectual property management, and financial services. IRISnet also aims to provide interoperability across heterogeneous chains and handle off-chain computing.
IRISnet was created by the technology team of Bianjie Intelligent Technology Co., Ltd., a Shanghai-based start-up. It was launched on March 1, 2019. The founding team includes Haifeng, Harriet Cao, Jeffrey Hu, and Jae Kwon. Since its inception, IRISnet has achieved significant milestones such as integrating Gravity Bridge for Ethereum interoperability and developing IRITA, an enterprise blockchain solution. It has evolved to include modules for DeFi applications and expanded its market presence through various partnerships and listings.
The IRISnet price is $0 AUD, representing a 0% from the day prior.
The best place to buy IRISnet (IRIS) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell IRISnet (IRIS) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
The trading volume of IRISnet (IRIS) is $0 AUD in the last 24hrs, representing a 0% from the day prior.
IRISnet (IRIS) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of IRISnet (IRIS) is $0 AUD.
Yes - With Coinstash you can convert your IRISnet (IRIS) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of IRISnet (IRIS) is 0.
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling IRISnet (IRIS) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.