IRISnet(IRIS) Coin Analysis & Review : Can IRISnet 10x in 2022?

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In this Arti­cle we will help you under­stand about Iris­net Token and Share our research and analy­sis on IRIS­net (IRIS) This Research and Analy­sis is based upon fun­da­men­tals, team, roadmap and upcom­ing price move­ments. This arti­cle will help you decide whether its a good coin to invest or not. 

As the mar­kets has been extreme­ly bull­ish for the past months and year with lots of tokens and cryp­tocur­ren­cies launch­ing every now and then, with lots of scams and rug­pulls, its not rec­om­mend­ed to invest in any cryp­to coin with­out any research and analysis.

We just recent­ly reviewed coins few days ago and will con­tin­ue to do so to help you make decisions. 

So Let’s Begin


What is IRISnet (IRIS) ?

IRIS­net is a cryp­tocur­ren­cy and ser­vice pro­to­col that was launched on March 1, 2019. It is cur­rent­ly in beta test­ing. The IRIS­net protocol’s pri­ma­ry pur­pose is to cre­ate a blockchain-based, open net­work for small and medi­um-sized busi­ness­es that offer a wide range of ser­vices to the public.

In order to facil­i­tate the devel­op­ment of dis­trib­uted com­mer­cial appli­ca­tions, the IRIS net­work pro­pos­es to estab­lish a tech­nol­o­gy foun­da­tion. Beyond the exist­ing blockchain sys­tems, which are large­ly used to store dig­i­tal assets, it has a vari­ety of fur­ther applications.

It is IRISnet(IRIS) goal to devel­op the cur­rent blockchain tech­nol­o­gy so that thou­sands and mil­lions of small and medi­um-sized busi­ness­es (“SMBs”), as well as indi­vid­ual free­lance busi­ness ser­vice providers, can sup­ply their ser­vices and reap the ben­e­fits of being part of an open network.


What Makes IRISnet(IRIS) Unique and Innovative?

The IRIS net­work intends to build a tech­nol­o­gy foun­da­tion to sup­port dis­trib­uted com­mer­cial appli­ca­tions. Apart from stor­ing dig­i­tal assets, blockchain tech­nol­o­gy has many oth­er uses.

The IRIS net­work tries to address two major issues:

Inter­op­er­abil­i­ty is the abil­i­ty of off-chain machines and resources to work togeth­er on a dis­trib­uted ledger.

The Cosmos/Tendermint soft­ware envi­ron­ment now includes a ser­vice-ori­ent­ed infrastructure.

IRISnet(IRIS) design is based on a con­cep­tu­al pat­tern devel­oped through years of exper­tise with SOA method­olo­gies. SOA is an archi­tec­tur­al par­a­digm for devel­op­ing sys­tems com­posed of autonomous ser­vices with defined bound­aries, shared schemas, and con­tracts. ESB, which encour­ages com­mu­ni­ca­tion across ser­vices using a com­mon com­mu­ni­ca­tion bus con­sist­ing of a vari­ety of point-to-point con­nec­tions between providers and con­sumers, was pre­vi­ous­ly used in SOA. 

A Inter-ser­vice com­mu­ni­ca­tion in the IRIS net­work is intend­ed to employ blockchain as a trust­wor­thy plat­form for medi­at­ing cor­po­rate inter­ac­tion. It requires a lev­el of con­fi­dence between the ser­vice provider and the ser­vice cus­tomer, which can be dif­fi­cult to develop.

Each major pro­gram­ming lan­guage sup­port­ed by the plat­form can have its own provider-side skele­ton and con­sumer-side stub cre­at­ed by the Client SDK. The SDKs we intend to make avail­able will enable con­struct iSer­vices as eas­i­ly as possible.

Summary

IRISnet(IRIS) is devel­op­ing a unique and inno­v­a­tive tech­nol­o­gy which will not just store cryp­to assets but wirh many oth­er real world use-cas­es. In Short, we can sum­ma­rize IRISnet(IRIS) as devel­op­ing tech­nolo­gies to make the most out of blockchain technology 


IRISnet(IRIS) Fun­da­men­tals Analy­sis – Founders, Team, and Roadmap. 

Founders

IRISnet(IRIS) is orig­i­nal­ly based out of chi­na. Haifeng is a co-founder of the IRIS­net project, which he helped to estab­lish. He is a suc­cess­ful entre­pre­neur as well as a top tech­nol­o­gist. Haifeng grad­u­at­ed with hon­ors from the Uni­ver­si­ty of Mary­land with a master’s degree in elec­tri­cal and com­put­er engi­neer­ing. Haifeng pre­vi­ous­ly served as the Chief Tech­nol­o­gy Offi­cer of Wanx­i­ang Blockchain Wan­cloud before found­ing the IRIS­net project. He also worked as a senior archi­tect for two major finan­cial firms in the Unit­ed States (Tudor Invest­ment and RBS Sem­pra), before return­ing to Chi­na to serve as CTO for three com­pa­nies, one of which is a NAS­DAQ-list­ed company. 

Har­ri­et is a co-founder of the IRISet project, which she helped to launch. She is also a co-founder of Bian­jie, which serves as the prin­ci­pal devel­op­ment team for IRISnet’s prod­ucts. Bian­jie was found­ed in 2016 with the pur­pose of build­ing smart blockchain ser­vices that would enable depend­able and suc­cess­ful com­mer­cial col­lab­o­ra­tion between par­ties worldwide. 

Har­ri­et spent more than 16 years work­ing for IBM Research in a vari­ety of roles, includ­ing Direc­tor of the IBM Research Shang­hai Lab and Big Data Ana­lyt­ics Leader for IBM Glob­al Labs. 

Core team Members

  1. Haifeng Xi – Co-founder od IRISnet(IRIS)
  2. Har­ri­et Cao – Co-founder od IRISnet(IRIS)
  3. Jef­frey Hu – Core Devel­op­ment Head
  4. Jae Kwon – Core Devel­op­er IRISnet(IRIS)
  5. Tom Tao – wanx­i­ang Blockchain Consultant 

IRISnet(IRIS) Roadmap – Upcoming Events

IRISnet(IRIS) has deliv­ered what ini­tial­ly they planned with upcom­ing roadmap events. IRISnet(IRIS) roadmap is divid­ed into 4 stages, cur­rent­ly IRISnet(IRIS) is work­ing at stage 4 which is HOUYI (Beyond July 2021) The fourth stage will be devot­ed to the improve­ment of the IRIS net­work, SDK, and mobile client tech­nolo­gies, as well as devel­op­er participation.

Summary

IRISnet(IRIS) has strong Team and known faces in the cryp­to indus­try, IRISnet(IRIS) has excit­ing upcom­ing plans to excel and inno­vate which can lead to immense adop­tion for IRISnet(IRIS) coin. 


IRISnet(IRIS) Coinmetrics

Dur­ing the writ­ing, The IRIS­net price is $0.126624 USD today, based on a 24-hour trad­ing vol­ume of $5,30,03,591 USD. IRIS­net has seen a 7.67 per­cent increase in val­ue over the pre­vi­ous 24 hours.

With a cur­rent mar­ket cap­i­tal­iza­tion of $14,78,25,166 USD, IRISnet(IRIS) is rank­ing 405 on Coin­Mar­ket­Cap and Coingecko. There are 1,16,74,30,842 IRIS coins in cir­cu­la­tion and Max­i­mum Sup­ply is not available. 

IRISnet(IRIS) is avail­able to buy and trade on Binance, huo­bi glob­al and Gate.io. the best exchange to buy IRISnet(IRIS) is Binance Exchange Due to the Vol­ume and User experience. 


Conclusion

Based on our Analy­sis and research, our Final Review :

IRISnet(IRIS) is a sol­id cryp­tocur­ren­cy with sol­id founders and High­ly expe­ri­enced and knowl­edge­able Devel­op­ers. With upcom­ing Roadmap events, we expect IRISnet(IRIS) to Make New all time highs Soon in 2022. The future for IRISnet(IRIS) coin indeed looks bright in upcom­ing years. 

Twit­ter – https://twitter.com/irisnetwork

Medi­um – https://medium.com/irisnet-blog


Dis­claimer: This mate­r­i­al is pri­mar­i­ly for the aim of edu­cat­ing the read­er. It does not con­sti­tute a for­mal offer to buy or sell any­thing, nor does it con­sti­tute a rec­om­men­da­tion or endorse­ment of any spe­cif­ic prod­ucts, ser­vices, or enter­pris­es. Cryptonks.com does not pro­vide any finan­cial, legal, or account­ing advice to its vis­i­tors. Nei­ther the firm nor the author shall be liable for any dam­age or loss caused or alleged to be caused by or in con­nec­tion with the use of or reliance on any con­tent, goods, or ser­vices men­tioned in this post, whether direct­ly or indi­rect­ly, whether in con­tract or tort (includ­ing neg­li­gence). View­ers should per­form their own research before mak­ing any type of invest­ment in a cryptocurrency.


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