In November 2017, the 19th CPC Congress was held. One of the main talking points of the historic meeting was the reports detailing the remarkable results of the Belt and Road initiative so far, and the confirmation that the party will continue pursuing the Belt and Road goals as priority. For those who don’t know, the Belt and Road Initiative (also known as One Belt One Road) is a huge project estimated to have over $900,000,000,000 invested, which spans multiple continents and aims to enhance the trust and efficiency of trade between different economies — it is a perfect match for blockchain technology.
MATRIX brings good news to all the supporters of MATRIX and the Belt and Road initiative; we are proud to officially announce that have signed a strategic cooperation agreement with the state owned Belt and Road Development Centre, to become the only blockchain partner of the center.
The center, established by the Western Research and Development Association under the Ministry of Civil Affairs has ample intellectual reserves, extensive social resources, and phenomenal influence. It is an important think tank for the construction and realization of the Belt and Road project here in China.
The main functions of the center are to provide advice and suggestions on expanding the Belt and Road initiative, to provide funding services to relevant departments and large-scale backbone enterprises in all cities, provinces, municipalities and autonomous regions, and to provide cooperation and partnership platforms for countries along the Belt and Road routes.
As one of the earliest professional institutes engaged in the research and development of industrial products in the blockchain industry in China, our projects team expertly takes the core technology and resource advantages of blockchain + artificial intelligence. We stood out among numerous competitors in the same industry and successfully signed a strategic cooperation agreement with the center as a result. After signing the agreement, we became the only training, consulting and application partner in both in AI and blockchain for the centre. All Belt and Road contracts through the center which relate to blockchain go to us to build and cooperate with the relevant countries and companies.
Going forward, we will step up our research on the Belt and Road initiative and its potential for AI and blockchain technology. Since signing the agreement we have been actively developing specific projects under the framework, and already have a host of wonderful things resulting from this partnership to share with you in the coming months. This is a truly intercontinental project, and we are thoroughly enjoying our involvement in it thus far.
Further negotiations are ongoing with project teams of various national governments, local governments, and international businesses. Early applications being worked on include blockchain-based credit systems, blockchain-based logistics and tracking systems, and cross-country financial clearing systems. This list will continue to grow as time goes on.
Our partnership with the center opens up a new chapter in artificial intelligence and blockchain not only in China but across the world. We are incredibly excited about the future it will bring, and the things that the MATRIX AI Network will enable along with it.