Cryptocurrency arrives to free us from centralized bank systems and payment services. Since then it has received widespread publicity and acceptance in business, and society. People are comfortable with the idea of a decentralized system. Bitcoin has shocked the world with its unique capabilities in a short span of time. Blockchain technology is being piloted by traditional banks to optimize their work systems.
But, some things stop Bitcoin to become a currency that can be adopted en masse. No wonder we see a large number of altcoins being launched every day to compensate for the lack of bitcoin.
Slow transaction speed is one of the major drawbacks, which inspire many people to create new coins to speed up transactions.
The smart contract is a new technology, and its programming abilities make it a little difficult for everyone to try.
While security is a major concern for every type of transaction, in Bitcoin's case is of utmost importance but cyber attacks and stolen coins create discouraging behavior among the public.
SOLUTIONS OFFERED
MATRIX records all the problems of blockchain technology and has decided to launch a new cryptocurrency based on the combined strength of Artificial Intelligence and Blockchain capabilities. Artificial intelligence is the future of technology, which forms the whole process of business work today. It will provide faster transactions on the network coupled with excellent security, and flexibility. Some of the top capabilities of the platform are mentioned below.
Flexible blockchain management with high-speed transactions
Cluster-based consensus algorithms are distributed randomly to reduce latency
Deep learning-based code-making for smart contracts
AI enables validation and security management
Verify AI-based smart contracts on the platform
Multi chain architecture with work proof
The entire value chain of cryptocurrency has been based on a solid foundation of Artificial Intelligence and Blockchain technology. We have not seen the action yet have a unique approach.
ICO & Team Information
Token Presale starts on June 1, 2018. MAN Token is the ERC-20 standard. The funds raised will be used in the research and development of the MATRIX platform.
Conclusion
Artificial Intelligence is a technology of the future, which has found many innovative applications in other industries. Combining the capabilities of Blockchain with Artificial Intelligence, they bring something new to the cryptocurrency market.
Their target is 1 million transactions per second compared to 1000 transactions per second at this time. We are bound to see a better and stable currency, which is guaranteed. I think their USP lies in the fact that they have tried to speed up the current technology with something they are good at. We look forward to seeing the integration of these different technologies producing the best products.
Roadmap
Website: https://www.matrix.space/
Whitepaper: https://github.com/MatrixAINetwork/WhitePaper/blob/master/MATRIXTechnicalWhitePaper.pdf
Username: andylioe78
https://bitcointalk.org/index.php?action=profile;u=1330040
Eth: 0xf1Aee635fb241e9668bE8d32Dd1AffA39Fc4a744
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