IRISnet is a cryptocurrency and service protocol that was created on March 1, 2019. The IRISnet protocol's main goal is to build a blockchain-based, open network for small and medium companies that provide a variety of services.
The protocol seeks to use several public and consortium blockchains to deliver the potential of decentralized, open networks to thousands of enterprises and freelancing service providers, according to the official IRISnet Whitepaper. In Greek mythology, Iris is the embodiment of the rainbow and the messenger of the Gods, and IRISnet was named after her.
IRISnet is a forward-thinking look at what blockchain technology can do for business. While the majority of consortium blockchains are owned and maintained by large corporations, IRISnet intends to provide solutions for small businesses.
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