MATRIX is honored to be a founding member of the Advanced Telecommunication Chain Industry Alliance.

On November 12th, MATRIX attended the signing ceremony of the Advanced Telecommunication Chain Industry Alliance in Tianjin, China. The Alliance is led by Tianjin 712 Communication Broadcasting Co., Ltd — a renowned first-class national enterprise primarily engaged in the research, development, manufacture and sale of wireless communications products for the military. Besides MATRIX, other members include Tianjin University, Nankai University, ZTE Corporation, UNISOC and others.

The Alliance aims to oversee, promote and accelerate the development of Tianjin’s telecommunications and blockchain industries. To do so, complementary entities from industry, academia and research have come together to pool resources in the spirit of collaboration and exchange. The Alliance’s projects will be guided by the technological innovation needs of Tianjin’s telecommunications and blockchain industries. The MATRIX AI Network is the only blockchain company in the alliance.

The signing ceremony included a speech by Tianjin 712 Communication Broadcasting Co., Ltd Deputy General Manager, Mr. Ma Yan. Each founding member, including MATRIX, introduced their core competencies, as well as their hopes and expectations for the Alliance. This was followed by preliminary discussions and proposals.

MATRIX expressed their hope to collaborate with major universities to uncover and incubate promising student projects and businesses. MATRIX introduced their work establishing a Bayesian Research Fund with Tsinghua University to incubate Tsinghua student projects as a model.

Others expressed their hope that MATRIX will leverage its own experience with blockchain solutions to consult the Tianjin government in setting policies and establishing annual development plans. MATRIX will provide strategic planning and policy advice for the industry.

The whole event was bookended by opening and closing remarks by the Tianjin Municipal Science and Technology Commission.