October has proven to be a pivotal point for Matrix AI Network as their testnet launch event unveiled many new surprises. What makes this testnet launch so unique is that Matrix also unveiled a series of other advancements in differing areas. This entry will act as a testnet review and round up for those wanting to know all the details in one place.

Before we begin lets give a quick refresher,

What is Matrix?

Matrix AI Network is a platform which incorporates blockchain and AI to enable the realization of the Intelligent Blockchain. The use of AI allows innovations such as natural-language smart contracts (Intelligent Contracts), continual network optimization, formal contract security verification, and more. For a more in depth review of the Matrix project, click here.

As part of the Testnet launch event, Matrix released a series of extra features that are sure to draw much interest to any cryptocurrency enthusiast. This article will explore a few of the most exciting features below!

One of Matrix’s primary goals is to create a platform that can be used by everyone. One way Matrix makes this notion a reality is by creating the first ever natural language smart contracts. The promise of smart contracts is sure to change our world. This goal however cannot be fully realized unless smart contracts become completely user friendly. Existing smart contracts require lines of code to set up, while this is not necessarily a problem, this fact alone bars hundreds of millions of people from using and integrating smart contracts for commerce and everyday life. What Matrix is doing however is creating a natural language smart contract that can understand and execute using both English or Chinese commands. This is done by identifying over 60 patterns to which smart contracts adhere. Given this finite dataset, Matrix is able to use artificial intelligence techniques to build smart contracts automatically using only natural language and user intent. This means the business continuity that exists today will remain, leading to higher adoption and will create that coveted network effect.¹

“MATRIX AI Network is designing proprietary Intelligent Contracts that leverage natural language programming and adaptive deep learning-based templates to auto-code.”- Matrix

First early demo of Matrix’s simple one click, natural language smart contracts.

Digital Asset Safe (DAS) hardware wallet release:

Matrix recently released prototype details of its very own hardware wallet. The MATRIX Digital Assets Safe is an all-in-one software/hardware solution that supports multiple ERC20-protocol cryptocurrencies. It strikes a balance between safety and usability. Throughout the design process, the MATRIX AI Network team’s priority was, unsurprisingly, security. No matter how easy something is to use, an unsafe safe is about as useful as a tennis racket with no strings.

The MATRIX Digital Assets Safe stores a user’s private key after undergoing a multiple encryption process and allows users to back up their private keys to flash drives. It includes security checks at both hardware and software levels. The general approach is to create a multilayered security system that can isolate potential risks and protect the system’s core. The goal is to create a device that is immune to software viruses. A stringent focus on security creates opportunities to increase usability. Besides being safe, the MATRIX Digital Assets Safe is convenient and easy to use.

Additionally The MATRIX Digital Assets Safe can be accessed remotely without safety concerns. This is made possible by the inclusion of an integrated secure channel which hides the MATRIX Digital Assets Safe’s IP address and renders transactions untraceable. These unique encrypted transmission channels ensure the security of a user’s trading information. Users can leave their MATRIX Digital Assets Safe at home and still access their funds remotely at any time without worry.²

The Matrix Digital Asset Safe focuses on maximum, multi-level security, features, and ease of use.

AI Assisted Watermelon Ripeness Detector:

One of the first Dapps that will launch on the Matrix testnet is the watermelon tapping Dapp. With this Dapp, users will be able to use their phone’s microphone to collect the sound of a watermelon being tapped, the AI engine can then determine its ripeness!

In more detail, Dr. Deng’s team (Matrix’s Chief AI Scientist) analyzed the sounds of over a thousand watermelons to set a gauge for watermelon ripeness. When the tapped watermelon sound is collected, Matrix’s AI engine’s factorization machine is able to judge the ripeness of the watermelon with 90 percent accuracy according to the team.

AI Facial detection and Position tracking program Demo:

Another interesting facet of the Matrix project is its AI engine’s image facial recognition and position tracking capabilities. Part of what makes the Matrix project truly unique is that systems like its AI engine can perform tasks outside the world of blockchain as well as relay those tasks into the blockchain if needed. Below, we will see two samples of Matrix’s facial detection / Position tracking advancements.

Sample 1:

This sample depict’s the engine’s facial detection capability using a picture of a certain Donald Trump.

Sample 2:

The Matrix position tracking system depicts and contrasts four key individuals and two vehicles.

— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —On November 1st, the Matrix testnet will be available for public use. Until then, users can see early testnet data here. Github activity can also be reviewed here.

Chat with the Matrix community on Telegram: https://t.me/matrixainetwork

See the official Matrix Website: https://www.matrix.io/