Categories: Press Releases

MATRIX: A Safer, Faster and More Flexible Intelligent Blockchain.

December 29, 2017 – MATRIX AI Network today launched the MATRIX project, a new generation Blockchain that leverages the latest AI techniques to revolutionize the cryptocurrency landscape. With a fusion of Blockchain and AI technology, MATRIX has built a revolutionary cryptocurrency that supports significantly boosted transaction speed, superior accessibility to general users, enhanced security under malicious attacks, and highly flexible operations.

“The MATRIX intelligent Blockchain is a game changer in Blockchain technology,”, said Owen Tao, CEO of MATRIX.

“MATRIX differentiates itself from previous Blockchains by offering breakthrough technologies in building AI-enabled autonomous and self-optimizing Blockchain networks, which feature multi-chain collaborations and decoupling of data and control blocks”.

As a result of the extreme congestion on both the Bitcoin and Ethereum Networks, ICO investors or contributors have faced significant challenges with cryptocurrency transfers which causes substantial hitches in trade transactions. The MATRIX Blockchain, via a unique dynamic hierarchy generation mechanism, enables the delivery of a superior transaction speed with the goal being to outperform the VISA system and deliver a remarkable throughput of 1 million transactions/second.

MATRIX also aims to majorly combat and reduce cases of cryptocurrency fraud and theft with reports of such incidences increasing over the past few months. Earlier this year, January, 1 BTC (Bitcoin) had an average value of $969. Eleven months later, 1 BTC is set to break through the $20,000 barrier. With alternate coins also exploding in a bullish digital currency marketplace, individuals with dishonest intentions have also crowded the crypto space, adding more menace to the digital currency market.

The DAO attack has also demonstrated how smart contracts can be exploited and MATRIX has equipped its Blockchain with a powerful AI security engine that can identify bugs and vulnerabilities in smart contracts.

The MATRIX Blockchain also offers an ease-of-use to the Blockchain community, allowing a user base which is 3500 times bigger than that of Ethereum to design smart contracts without having programming expertise. With the MATRIX Blockchain, smart contracts are easily implemented with natural languages, and its more extensive use guarantees the liquidity MATRIX tokens.

MATRIX offers a flexibility that is welcome to Blockchain technology and by the crypto community. MATRIX provides a higher flexibility that affords the dynamic adjustment of parameters as required to adjust to the ever-changing and improving cryptocurrency market needs.

With most Blockchain projects having to deal with the hard fork community splitting and digital asset devaluation challenge, MATRIX offers evolutionary parameter optimization without triggering hard fork while also offering the intelligent integration of public and private chains with AI-based coordination.

MATRIX AI Network Timeline

September 2016 – Project Inception

January – May 2017 – Successful sculpturing of Blockchain design

Sep 2017 – First edition AI testing

Related Post

Q1 2018 – MATRIX Initial coin offering

Q2 2018 – MATRIX Initialization

Q3 2018 – Light Speed Network Launches

Q4 2018 – AI-secured Intelligent Contracts

Q4 2019 – Mining & More Apps

For more information:

Business White Paper: http://bit.ly/bizwp

Technical White Paper: http://bit.ly/technwp

Visit our website: https://www.matrix.space

Email us: public@matrix.space

Follow us on Facebook: https://www.facebook.com/MATRIXAINetworks

Follow us on Twitter: @matrixainetwork

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Guest

The writer of this post is a guest. Opinions in the article are solely of the writer and do not reflect The Merkle's view.

Share
Published by
Guest
Tags: Matrix

Recent Posts

5 Underrated Metaverse Coins With Great Long Term Potential

Metaverse coins are all the hype these days, with coins like Decentraland and Axie Infinity…

23 mins ago

Ankr Price Up 11% Amid Binance Listing and Polkadot Parachain Integration

Ankr price is up over 11% today, making it one of the biggest gainers on…

4 hours ago

Keep Network Price Up 45% Amid Upcoming Threshold Merger

Keep Network price is up over 45% today, making it the biggest gainer on Crypto.com.…

18 hours ago

Nugenesis Patented Gasless NFT Platform Will Bring Mainstream Adoption

NuGenesis has 4 patents pending for its gasless NFT multi-cross chain system. It sees NFTs…

22 hours ago

Top 5 Metaverse Coins With Fully Functional Apps to Watch In 2022

The hottest trends in crypto right now are meme coins and metaverse projects. With Facebook's…

23 hours ago

How to Identify and Report Cryptocurrency Scams

With crypto going mainstream, there are a lot of scams popping out. While buying certain…

1 day ago

This website uses cookies.