Recap: Highlights from Professor Deng’s HeCaiJing Interview

On the Matrix AI Network

The Matrix AI Network aims to tackle two big problems slowing the development of AI. Namely, the lack of computing power available for AI research and the relative lack of verified data necessary to produce qualitative improvement in AI models for social good. The Matrix Enterprise Cloudchain is designed not only to promote the further development of the Matrix AI Network ecosystem, but also to promote the integration of both AI and blockchain technology in everyday life to create real economic value.

On Decentralizing AI

Strictly speaking, AI has historically relied on centralized research data. According to Professor Deng, Matrix combines AI with the decentralized and distributed characteristics of blockchain technology to enable several key components on the Matrix Enterprise Cloudchain. First, using the Matrix AI Network, computing power from several distinct sources can be integrated into the Enterprise Cloudchain platform to power applications beyond the scope of standard personal equipment. Second, the Matrix AI Network allows the Enterprise Cloudchain to safely store data due to, amongst other things, Matrix’ IPFS support. Finally, and perhaps most importantly, Matrix’s blockchain technology helps solve issues of data validation.

On AI and Blockchain

From a technical point of view, although blockchain and artificial intelligence are two distinct technologies, Professor Deng believes that the integration of both is necessary to maximize their potentials. “The integration of AI and blockchain technology brings new possibilities.” He points out that, in the near future, the integration of data and AI models will bring the first of many great achievements made possible due to the provision of computing power for data validation and AI model training over the blockchain. This will form the foundation of an open, credible AI platform for Internet of Things applications.

On Industrial Big Data

Industrial Big Data is at the intersection of big data, the Internet of Things, and industrial equipment. Industrial Big Data is also the central peg of several Chinese national strategic plans including the “Action Plan for the Development of Industrial Internet”, “Made in China 2025” and “Industry 4.0”.

On Equipment Manufacturing, Operations and Maintenance

In this blockchain era, large industrial data platforms like the Matrix Enterprise Cloudchain have the potential to create value across industries and countries. Professor Deng notes that the technology underlying Matrix’s Enterprise Cloudchain is already being used and tested in an overseas locomotive remote monitoring system servicing Kenya’s Mombasa–Nairobi Standard Gauge Railway. The system is monitoring 48 locomotives exported to Kenya by the CRRC Corporation Limited. Professor Deng also indicates that the system is supported by the National Natural Science Foundation of China, the CRRC and the China Railway Corporation, amongst others.

On Medical Treatments

Professor Deng goes on to reiterate that Matrix is engaged with several hospitals to deploy and use Matrix’s cancer diagnosis services. He posits that “the uniqueness of this system is that, first, we pay more attention to the challenging issues based on the obtained diagnostic and therapeutic data and laboratory test results. Second, we are cooperating with leading hospitals in the industry to tack frontier issues. Third, we have high-quality patient data from early screening to CT imaging to biopsy. So far, we have more than 2000 patients’ data — all of which are labeled by top Chinese doctors.” This type of data is invaluable to the development and training of AI models.

On Remaining Barriers

As Professor Deng points out, “manufacturing industries — especially high-end manufacturing industries — form the foundation of a country. While these industries create value for society and provide employment opportunities, profits themselves are actually quite low.” Matrix aims to help the continued development of these industries by reducing inefficiencies using its Enterprise Cloudchain. Additionally, the Matrix AI Network remains keenly aware of the importance of hardware. “At present, the barrier to the amalgamation of AI and blockchain lies in hardware development.” Professor Deng says that the Matrix AI Network continues to ramp up R&D on its proprietary mining machine chip. “The idea is that these chips are specially designed to efficiently run deep learning algorithms and AI models.” A hardware solution lowers the risk of algorithm and model tampering and reduces the reliance on CPUs and GPUs.

On the Future

Professor Deng shares that, “presently, we hope to increase cooperation with local-level governments to establish research institutes and centers, especially in more developed manufacturing parks.” With the ongoing development of science and technology, artificial intelligence is poised to change our daily lives. Matrix hopes to connect people and business applications around the world to power AI for social good.

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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