The project is being led with the aid of using the crew at the back of Monetas, a Switzerland-primarily based totally blockchain startup that has formerly raised $20m in project capital funding.
KORIS is defined as a allotted ledger platform which permits builders to construct clever contracts the use of easy programming languages.
According to its website, KORIS might be well suited with different blockchains which includes Bitcoin and Ethereum — making it viable for customers to have interaction with different networks while not having to first use the local token of any other network.