Built to Last: Matrix 2.0 Green Paper

MATRIX 2.0

There are three core elements to AI technology: computing power, data and AI model. Large quantities of high-quality data and massive amounts of computing power are needed to train AI models. Without these three components, AI technology cannot advance.

Computing power/Data/Computing model

Computing Power

Matrix 1.0 has already largely addressed the issues relating to computing power. In developing the Matrix AI Network, the team created a more environmentally friendly network with limited computing power wastage. Using Matrix’s proprietary HPoW selection algorithm, only a small subset of the network’s computing power is used for mining activities. The remaining idle computing power can be redirected towards more meaningful tasks to create value in fields like cancer diagnosis, graphical image recognition, financial modeling and more.

Data

Big data plays an indispensable role in AI technology. AI models are only useful if trained with high-quality data models. However, as the concept of “data oil” becomes ever more prominent, so do issues relating to data privacy and data ownership. In order to advance the integration of multi-dimensional data and break through the “data island” states, Matrix 2.0 relies on blockchain and distributed storage technologies.

AI Models and Industry 4.0

In industry 4.0, AI algorithms and models will become the core competitive power of “Digital Economy”. AI technology and a big data enable Matrix to train AI models that can be directly applied in industrial environments. In Matrix 2.0, a blockchain-based AI economy will be developed centering on data, computing power and algorithm models.

AI Models and People: The Strength of Matrix 2.0

Matrix is creating a blockchain data platform where users — both enterprise and individual — can share their data and receive rewards. When data is uploaded, Matrix 2.0 uses the blockchain to verify data ownership. This mechanism also serves to protect the data from theft as data is stored in distributed storage using cryptographic technologies. At the same time, any users who use the uploaded data to train AI models will pay data owners.

Perpetual Blockchain Growth

Although the Matrix 2.0 era is upon us, the Matrix AI Network will continue to improve and add functions to the Matrix AI Network blockchain. Indeed, this constant improvement is vital to the success of Matrix 2.0. The Matrix AI Network blockchain operating system will offer a range of services to developers, including oracle services, multi-chain management, middleware solutions, smart contract creation, Dapp development, and a range of plug-ins. The Matrix AI Network blockchain will also offer users a selection of modules and services so that they can customize their own blockchain solutions.

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Matrix AI Network

Matrix AI Network

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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