Our world is ever increasingly becoming interconnected, computer — human interaction has taken on a whole different range of capabilities , with the advancements of technology we have seen an increase in the accuracy and the complexity of tasks. Language translation, Virtual assistants and the like show just how advanced these capabilities are becoming. And in most cases it can be said that computers can be considered to have vastly exceeded the capabilities of human experts.

These developments are pushed by the rapid development and data analysis and processing systems, mostly backed by the advancements in “Big Data” “Cloud” and “Artificial Intelligence”.

AI and Big Data

The inception of the internet has led to the availability of a large volume of data, this has led to considerable potential as well as challenges.

Big Data is said to have 3Vs, Velocity, Volume and Variety. High speed data with a large amount of variety and volume.

Big Data forms the key basis of Artificial Intelligence, so as to effectively use AI we need to ensure the availability of a wide and varied amount of data that can be used to train and test the algorithms.

The interaction between Big Data and AI can be described in a three step solution-

Data Collection Data Processing Action on the results of data processing

In simpler terms these steps can be defined to follow an input-process-output logic. For example technoliges such as optical character recognition, voice recognition, image and facial recognition all follow a similar process stream.

These technologies can create immense value as well as a range of applications which can lead to the adoption of human activities by machines.

How does Blockchain fit into this?

When we think of blockchain one of the first things that can come to mind is decentralization. That is how blockchain can fit into this value chain.

Blockchain will allow for the decentralization of this value chain, potentially allowing to create a more heterogeneous playing field.

With the ever increasing threat of cybersecurity as well as the rising privacy concern, blockchain will also allow for true personal ownership of your data. By integrating blockchain with big data and AI we can bring more trust into the value chain.

At the moment Artificial Intelligence and Blockchain technology intersect at two points, at the initial blockchain consensus and secondly through the use AI to manage blockchains, this can be through AI based voting mechanism, smart contract management and verification and a general integration of AI into blockchain systems.

Matrix’s Effort

Matrix has always been at the forefront of the fight for standardization within the blockchain industry.

During an AI and Blockchain seminar held in Tsingua Uninversity on the 3rd of September, Matrix announced the establishment of the ABCD alliance(Alliance for the development of Artificial Intelligence and Blockchain technologies). Matrix aims to use this alliance as a means to advance the development and integration of AI and Blockchain technoliges by establishing a set of standards that can be used across China as a means of increasing consistency and efficiency in the development of these technologies.

AI, Blockchain, Cloud and Big Data are all new technologies, and it is very likely that these will lead to the next major advancements of human civilization. So it is important to establish a set of standards as it not only brings about innovation but ensures that it is easier to develop ideas and technoliges by providing structured methods and reliable data.

This is how we speed up the evolution of these technoliges.

Who are the members

The ABCD alliance is primarily to be composed of experts from higher learning institutes, technological companies and government and social institutions. Experts from highly regarded institutes such as Duke University, Tsingua University and Zhejiang University have shown interest in joining the alliance.

Tsingua university has even established a “Bayes labratory”, a lab that allows the scientists and PhD students the ability to perform machine learning, knowledge modeling, diagnosis, analysis, simulation, and optimization operations. This lab will be led by Dr Steve Deng, super star AI scientist and currently a professor at the Tsingua University.

A think tank is also going to be established, some invitees include professors, graduate students at the Tsignua, Zhengjiang and Xidian universities as well as heads of large Chinese tech companies.

Matrix’s ABCD alliance will aim to lead the future development direction of AI, Blockchain, Cloud and Big Data within China. The future technological developments and their interoperability and human adoption will bring unrivaled benefits to the human species and create a more advanced and sustainable technological future.

Matrix is leading the push!!