IRIS Network Score
Iris Network incorporates a service-oriented infrastructure into Cosmos. Integration of business services offered by heterogeneous systems, including public & consortium chains as well as legacy systems, Interoperability of those services across an internet of blockchains. The 1st stage of the IRIS project will focus on having the IRIS Hub up and running, & connected to the Cosmos Hub. The 2nd stage will focus on building the IRIS Service Layer.
IRIS network aims to build technology foundation which facilitate construction of distributed business applications. It goes beyond today’s blockchain systems which are mainly for digitalised assets. The key challenges that they aim to address via the IRIS network are two-fold: – Integration and collaboration of off-chain computing and resources on a distributed ledger; – Interoperability of the services across heterogeneous chains. They address those challenges through incorporation of a service oriented infrastructure into Cosmos/Tendermint.
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