, IRISnet: Interchain Service Hub for NextGen Distributed Applications -- A BPoS Blockchain that is Self Evolutionary. IRIS network (a.k.a. IRISnet) aims to establish a technology foundation to facilitate construction of next-generation distributed applications. By incorporating a comprehensive service infrastructure and an enhanced IBC protocol into Cosmos stack, IRISnet enables integration and interoperablity of business services offered by heterogeneous blockchains including public chains as well as consortium chains. HUSD,HUSD is a U.S. dollar-backed stablecoin issued by Stable Universal. The dollars backing HUSD will be held in reserve by Paxos Trust Company, a fiduciary and qualified custodian regulated by the New York State Department of Financial Services (NYDFS). On a monthly basis, a top U.S. auditing firm will perform an attestation to ensure USD reserves match the supply of HUSD.
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