Matrix AI: The Unicorn Team Members Season 4
The reason why I’ve invested in Matrix AI — The team.

Blockchain technology is still in its development phase and myriad advancements are taking place almost every year. Popular blockchain like Ethereum and Bitcoin blockchain are still lacking simplicity, flexibility, TPS, and efficiency. While the Bitcoin blockchain lack of efficiency, Ethereum, the first smart contract deployment platform, is still not suitable enough for new users and deploying smart contracts is still not everyone’s’ cup of tea! Though, the recent launch of Matrix AI blockchain has actually eliminated the issues of security, smart contracts, and efficiency by combining the two most powerful technology; the blockchain and an artificial intelligence. Matrix AI is the brainchild of Steve dang, Chief AI Scientist, and team and supported by the team top-tier advisors. Let’s have a close look at core team member of Matrix AI.
Dr. Steve (Yangdong) Deng — Chief AI scientist

Steve Deng is an associate professor of software at Tsinghua University, where he has been a faculty member since 2008, a well-known scientist of Artificial Intelligence and the chief Artificial Intelligence scientist of MATRIX blockchain team.
Academics of Prof. Deng
Professor Deng received his Bachelor and master degrees from Tsinghua University in 1995 and 1998 respectively. After that, he went to Carnegie Mellon University in 2006 to enhance his knowledge by pursuing the Ph.D. in computer science. While pursuing his doctorate he had already been hired in American Incentia Design Automation company as counseling engineer. He also had worked in American Magma Design Automation company as counseling researcher. He was normally engaged in designing the computer-aided design of integrated circuits, machine learning, industry data analytics, and computer architecture. After that prof. Deng involved in designing the train data communication chip as part of the research program to solve the problem about the control chip of the national railway train data.
He is an author and co-author of over 50 papers and author of Structural IC Design and High-Level Synthesis, a textbook of IC designing which was later adopted as the reference book for by Tsinghua and many other universities. Dr. Deng had also been the PI or Co-PI for numerous national-level research projects and received many awards, including NVIDIA partnership professor Award, the best paper award on International Conference on Computer Design 2013, and Tsinghua Key Talent Award.
Prof. Deng and the blockchain
He first came to know the potential of the cryptocurrency and DLT when he was working on the communication data chip of the national railway train data. Steve, is always devoted to doing something new, set up a team of like-minded professionals to do something with the combination of blockchain and AI & machine learning algorithms.
Dr. Steve Deng and the team had come up with the profound solutions of faulty and inefficient blockchain of the Ethereum and Bitcoin. They first decided to eliminate the calculation function of bitcoin mining by replacing it with the computational functions. In other words, he came up with the hybrid consensus (proof of work + proof of stake) instead of utilizing the same power gulping & insecure consensus mechanism of the Bitcoin blockchain. secondly, Dr. Deng decided to use his experience in developing the machine learning algorithms and AI to solve the major problems of security, efficiency, and speed.
He put the artificial intelligence on work to monitor how the transactions are formed, the transaction validity frequency, execution of smart contracts and the timing. The team created the hierarchical blockchain structure to eliminate the 51% attack of Bitcoin blockchain and introduced the new concept of an intelligent contract which is the iteration of Ethereum’s smart contracts. Intelligent contracts are way intelligent that smart contracts, fueled by AI and deep learning algorithm from machine learning. Professor Steve and his team also solved in the issue of coding the smart contracts, threat exploiting, and code management. Few amazing feats accomplished by Dr. Deng and his team are;
• The script that forms the intelligent contract code automatically;
• Automatic analyzing the of the bug in the intelligent contract code that is already formed;
• Application of the depth neural network and antagonistic network technology to the in-operation code, attacking and repairing the code at the same time and make it became a safe contract gradually.
Finally, Dr. Deng and the team decided to make this fully-fledged platform live for the users called the Matrix AI blockchain. The didn’t stop at creating the artificial intelligence based open source decentralized network but they have also created a native cryptocurrency called MAN coin.
The simplicity of smart contract deployment has brought 350 times more uses than that of Ethereum network. The transaction speed per second of the Matrix blockchain is way greater than that of any other traditional blockchain, more than 50,000 transactions per second to be precise.
Other team members
Apart from Dr. Steve Deng, the core team of Matrix consists of some of the great minds of this field. For instance, Bill Li, Chief Network Architect. Bill is the revolutionary man and the leader in the field of networking and communication and IC designing. He is the major contributor to the development of many 4G, 4.5G(NB-IoT) and 5G standards of China.
Tim Shi, Chief Chip Scientist, belongs to the industry of Semiconductors, a key element for IC designing. He is currently handling the charge for the development of mining ICs and other mining hardware for the Matrix AI. Another visionary in the armaments of the Matrix is Owen Tao. He is the CEO of Matrix and other dozens of technological companies. You can read about all of the core members of Matrix AI on their website and check out their LinkedIn profile also. The advisory team of Matrix consists DR. Donglin Wang, Tony Surtees, Junling Niu, and Dr. Jinyang Wang.
