Built To Last: Combining bit data, AI and blockchain with bitgrit

The Matrix AI Network and bitgrit have signed a strategic cooperation agreement!

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After a rumored Facebook leak compromised the data of over 50 million users in March 2018, the subject of data security quickly became a hot topic. With Cambridge Analytica dominating the headlines, conversation turned to how user data is used by private corporations. More people started to realize that, in the current technological environment, they do not own their data. Rather, corporations use AI to collect, analyze and repackage peoples’ behavioural data to sell for profit. Sometimes this practice manifests in mundane things like tailored product recommendations when shopping; while other times user data is used for more nefarious needs.

It would, however, be unfair to only focus on the negative. The combination of AI and big data has also created a lot of good in the world. Because of the combination of AI and big data, the world is now blessed with accurate prediction and early warning systems for meteorological disasters; artificial intelligence-assisted medical diagnosis; optimized crop yields and more. But certain issues remain unresolved. Who owns the data? Do data owners have the right to know when and how their data is used? Should data owners benefit from their data? How?

Perhaps, the answer lies in blockchain. This emerging technology’s immutable, open and transparent features seemingly address many of the above questions. Both the Matrix AI Network and bitgrit believe that the combination of big data, AI and blockchain presents an ideal solution. It is on the back on this shared belief that Matrix and bitgrit have entered into a strategic cooperation agreement.

Introducing bitgrit

What does this strategic cooperation entail?

Stay up-to-date with bitgrit on their website or by following them on Twitter.

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(Left: Matrix AI Network CEO Owen Tao right:bitgrit Founder Kazuya Saginawa-San)

Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

FOLLOW MATRIX:
Website | Github | Twitter | Reddit | Facebook | Youtube | Discord
Telegram (Official) | Telegram (Masternodes)
Owen Tao (CEO) | Steve Deng (Chief AI Scientist)

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Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain. Website: www.matrix.io Telegram: t.me/matrixainetwork

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