With the continuous progress of science and the innovation of new technologies in the world, blockchain technology is considered to be the most greatest technological innovation since the invention of the Internet. It relies on cryptography and mathematical ingenious distributed algorithms. On the Internet where trust relations can not be established, participants can reach a consensus without the intervention of any third party center, and the problem of reliable transmission between trust and value can be solved at a very low cost. Blockchain technology has also been recognized by many countries, and the UK has listed blockchains as a national strategy, and the Singapore Central Bank has already supported a blockchain-based record system in 2015, and Japan is also in the leading position in the blockchain. As the first business alliance to create distributed ledger applications, R3CEV currently has more than 50 members all over the world, including Citi, Morgan, Wells Fargo, Standard Chartered and so on. China has established distributed General Ledger Basic Protocol Alliance, China Blockchain Application Research Center, Financial Blockchain Alliance to promote the research and cooperation of blockchain industry. The blockchain is also officially included in the 13th five-year Plan, and the research of blockchain technology is already at the best trigger point.
Every country has its own characteristics, but there is a common pursuit to new technology and science and innovation. After the advent of blockchain technology, the “Satoshi Nakamoto” put forward the bitcoin in 2008, which is a symbol of the emergence of the cryptocurrency. The next few years, there is a rapid development of blockchain technology. The introduction of Ethereum opens the way for the use of encrypted currency to support complex business practices. With the progress of blockchain technology, it is facing a series of key practical problems, including: 1. The transaction is slow, 2. Programming obstacles of smart contracts, 3. Smart contract lacks security, 4. Manage and update the flexibility of the blockchain. It is not good for the further development of blockchain. The direction of future blockchain development and the focus of the breakthrough are to solve the existing the bottleneck of blockchain technology and platform in efficiency, speed, security, ease of use and flexibility to construct a blockchain network with self-optimization ability.
The current analysis of mainstream financial research, such as JPMorgan Chase, New York Finance, Citi and the Fortune Times, Atlas Venture, has found that the AI-Matrix blockchain technology is a public chain that combines artificial intelligence technology with blockchain technology in depth, belongs to the new generation of blockchain, and is the global artificial intelligence advocates and leaders in the field of blockchain. It can use the advanced artificial intelligence technology to solve existing the bottleneck of blockchain technology and platform in Efficiency, speed, security, ease of use and flexibility to construct a blockchain network with self-optimization ability. It also help the blockchain enter into 3.0 era and reach an unprecedented level to blockchain security and it is a revolutionary encryption currency.
Anthony Pomena, the founder of the Morgan Creek Digital Asset Company, said in an interview that about the blockchain market, development and investment space were huge. Our research shows that Bitcoin BTC is a kind of encryption currency based on decentralized, point-to-point network and consensus initiative, open source code, and blockchain as the underlying technology. On January 3, 2009, the first generation of blockchain technology was born, from an initial price of US $0.00076 to a maximum of US $20089, which almost increased by more than 26 million times. Ethereum is an open source of the public blockchain platform with intelligent contract function. Central virtual machine is provided by its dedicated encrypted currency Ethereum to handle point-to-point contracts, also referred to as “second generation blockchain technology”. It was from the first US$0.71 to a maximum of US$1432.88, nearly 2000 times, which also fully reflects the market prospects of blockchain technology. What’s important for us today is to share with you that our team focuses on AI-Matrix blockchain technology and use the advanced artificial intelligence technology to solve existing the bottleneck of blockchain technology and platform in efficiency, speed, security, ease of use and flexibility to construct a blockchain network with self-optimization ability, which is a symbol that the blockchain technology enters the third generation. It is currently worth US$14.5 and is expected to reach around US$100.