Matrix is honored to announce that it has signed an exclusive agreement with the Beijing Haitong Transport Company (海通股份) to develop the MBC project. The MBC project focuses on four areas of collaboration: Artificial Intelligence, Blockchain, DApps and Enterprise Resource Planning Systems. Its goal is to build an intelligent global freight shipping application platform integrating big data information processing, smart contracts, DApps, financial services and payment systems on the Matrix blockchain. The goal of the project is to upgrade and improve the current global shipping industry information systems via AI and blockchain technologies by automating and streamlining much of the supply chain.

According to Matrix Business Manager Simon Han, Matrix’s cooperation with the Beijing Haitong Transport Company “represents an important step towards real-world adoption and industrial applications. It also brings exposure to payment systems and the transformative impact of intelligent contracts.” Matrix is responsible for conducting all research and development work. They are the only AI and blockchain technology service provider in the MBC project.