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Black Diamond secures $20m for IRIS Chain launch

By: Binary News Network
May 12, 2025 at 12:01 PM EDT

IRIS Chain, a company developing an innovative healthcare system, recently received significant financial support in a funding round.

 

On March 25, IRIS Chain announced a significant step in its project journey, announcing a $20 million Series A funding round led by Black Diamond. Black Diamond has successfully secured $20 million in funding for IRIS Chain, an innovative iris-scanning cryptocurrency project that works with global digital identity access although despite the challenging conditions prevailing in the crypto market.

 

AI-power Deep Learned digital identity IRIS Chain, founded in 2022, aims to establish a worldwide digital identification system accessible to every individual through the use of advanced eyeball-scanning technology.

 

Just recently, IRIS Chain unveiled its IRIS App, a digital wallet designed to expand the availability of digital identity and global finance. Also the IRIS App is developing tailored to the IRIS ecosystem, will allows users to authenticate with IRIS ID, acquire iris tokens, and seamlessly send digital money anywhere.

 

IRIS Chain, in a recent announcement, said it is adopting GDPR(Global Data Protection Regulation) to help advance its systems for better services. IRIS Chain is creating a decentralized system to verify identities without compromising users’ privacy. With the introduction of methods that may enhance fairness, social interaction, and trust, IRIS Chain’s implementation of GDPR is a significant advance with the potential to revolutionize in th healthcare platform integrated with blockchain. GDPR can be the most important standard to apply here.

 

IRIS App development requires high visibility and AI analysis logic, so a technical development foundation is needed. Accordingly, Mr. Yeom who expert A.I and Matsuoka Hideo who export finance were recruited with Sakamoto Taro at the center to build a world-class AI platform, and to invest and operate it with a continuous development orientation in the future.

 

In addition, IRIS App plans to promote health checkup services for students at a very low price through consultations with several universities in Japan, and is promoting health checkup services through pharmacy chains in Vietnam. Currently, tens of millions of personal health guides are being conducted through hospital chains in China, and in the future, it is promoting US and global services.

Media Contact: 

Sakamoto Taro
Blackdiamond.ltd
Tokyo
Japan
hiros9958@gmail.com
https://www.irischain.io/
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