Matrix AI Building the Most Advanced Blockchain, Focused to Support Artificial Intelligence Growth
Blockchain was first introduced in 2009 as a platform for the revolutionary cryptocurrency, Bitcoin. At the time of launch, both, Bitcoin and blockchain were thought to be just another overhyped internet bubble, which will burst sooner than expected.
It’s been over a decade since then, and both, blockchain and cryptocurrencies are very much alive and kicking. In fact, demand for blockchain has never been as strong as it is now. It has become one of the greatest internet technologies created in the 21st century. The platform has grown from housing cryptocurrencies to being adopted by various sectors.
Several giant corporations including Microsoft, Intel, IBM, TCS, Huawei, and Samsung, have jumped into the blockchain game, each one of them using the platform for a unique purpose. The blockchain is being implemented successfully in sectors like banking and finance, e-commerce, logistics, cloud services, agriculture, etc.
However, as the saying goes, nothing is perfect, and blockchain technology is no exception. In fact, it can be assumed that with evolving time technology needs a major upgrade to keep it relevant consistently.