Irys is leading a new revolution in data management with its revolutionary programmable datachain. The platform seeks to lead the way in data ownership, accessibility and usage, especially in the quickly-advancing world of artificial intelligence. That’s why Irys is providing a solution that’s as much as 20 times less expensive than Web2 solutions such as AWS. Irys’ mission is to unlock that value by democratizing data access to empower AI innovators. This will enable them to train more accurate models, in turn paying the owners of the underlying data better.

Revolutionizing Data Accessibility and Ownership

Irys provides the first programmable datachain Irys’ vision is to bring all data onchain — not just Web3 data. This exciting new methodology breaks through the barriers of previous static, regimented data storage platforms. The online platform links data straight to a speedy response system that can act upon it. This system is Irys virtual machine (IrysVM).

"You’re imprisoned by big tech companies… but Web3 is your escape."

Irys’s architecture ensures that data is recorded accurately and efficiently. It opens up data for widespread use across different sectors and use cases, building a rich and vibrant interactive data economy.

As a company dedicated to preserving and putting data to use, Codatta uses Irys to keep data in perpetuity. This reflects the platform’s continued reliability and suitability as a long-term home for public data. Irys’ overall mission is to empower communities, decision makers and other organizations with more ownership and control over their data.

"Your data is gold so you deserve a rewarding creator economy from it. It is your right."

How Irys Works

Each data point on Irys takes a detailed two-step process and a thousand eyes—Submit Ledger and Verification. This process ensures data integrity and security. By leveraging bundlers Irys is able to store and continuously process massive volumes of data while maintaining real-time speed. Bundlers collect many small pieces of data together into a larger package or bundle and submit the bundle all at once. This method simplifies the submission of data documentation and allows for greater efficiency overall. With Irys, everything is in one ecosystem to continuously record, verify, and permanently store data.

Unlike command-and-control systems that store data in one location and execute actions from a separate platform, Irys takes a holistic approach. This high-performance architecture allows for faster, more powerful data integrations to be built and run. The platform's design ensures that each DataItem on Irys doesn't need to include its own fee, which keeps costs low for users. This cost-efficient quality makes Irys a very desirable replacement for existing data storage methods.

"only wallets that own a specific NFT or token can retrieve or decode this data"

Doing so adds another layer of security while ensuring that sensitive information is protected and accessible only to authorized parties.

Empowering AI Development and Rewarding Data Creators

Irys ensures that better data can be used to create superior AI models, and the original data owners get compensated in exchange. This fosters a mutually beneficial ecosystem. Data creators are incentivized to share valuable data, and AI developers have access to a wider array of more valuable data to train their models.

"AI is exploding through your data without your permission and compensation. OpenAI is not really open. But a decentralized internet will fix that at the expense of data hoarders."

Through sharing revenue with data creators, Irys helps build a more fair and sustainable AI development ecosystem.

"As an expert, you can turn your knowledge into AI fuel and get paid"

The platform’s approach mirrors increasing expectations for ethical, transparent AI development practices.

"What if AI paid you? YouTube got better when creators started getting paid. The same thing could happen with AI. Right now, big companies train their AI on everyone’s data, including yours, but keep all the profits."

Irys can be a gamechanger for the AI ecosystem. It shifts the power dynamic to empower more people and builds a more inclusive and collaborative and thus more creative and rewarding ecosystem.