IRISnet is a service protocol and cryptocurrency which was officially launched on Mar. 1 2019. The primary purpose of the IRISnet protocol is to provide a blockchain-based open network to small and medium businesses that are offering a wide variety of services. According to the official IRISnet Whitepaper(-overview) the protocol aims to employ different public and consortium blockchains to bring the power of decentralized open networks to thousands of businesses and freelance service providers. Interestingly IRISnet was named after Iris the personification of the rainbow and the messenger of the Gods in Greek mythology.