What makes Greg Horowitt, the former President Obama’s consultant, so excited? What’s so exciting is the recent Matryx project, which is very popular in the blockchain world.
What is Matryx？
Matryx is a decentralized application platform based on the Ethereum. The original intention of the team was to change the information closure and cooperative efficiency caused by the traditional centralized scientific research model, while infinitely lengthening the innovation cycle.
Matryx, the virtual reality platform, increases and improves the efficiency of scientific research projects in the blockchain. All the scientists and amateurs across the world can join Matryx platform and get a chance to participate in the competition and get Token as a reward. This gives the project sponsors ability to solve problems at lower cost and quicker solution to the problem, which really is bringing scientific needs and talents from all over the world seamlessly together. Facilitating the sharing of information resources and traceable research results.
In the vertical field of biopharmaceuticals, research and development of traditional medicines may cost 8-10 years and tens of billions of dollars in research funding; But with Matryx platform and its unique open source philosophy, this cycle and cost can be reduced by more than fivefold.
Matryx Platform’s operation mode
The Matryx platform operates as follows, ask a research question through the demand side of the project and using virtual currency as a bounty/reward, with multiple participants submitting solution and using the smart contract mechanism to determine the final and precise answer (shown in the figure below)
By launching the question on the Matryx platform, engineers, developers, and geeks will compete to solve the problem. All teams and people’s, that were involved in the solution of the question, intellectual property rights (IPs) will be recorded by the unique blockchain timestamp and cannot be changed. If agreed by the people, the intellectual property will be added to Matryx’s Digital Assets Mall. Here, everyone can index and search, add their own research to the structure of others (by using the intellectual property of others, people would need to give part of the reward as the “cost of ownership”). The sharing of such resources and the unique ecology of the platform will attract more researchers from all over the world to participate in it, to contribute and to promote human progress in science across the world.
Virtual Reality serves as back bone of blockchain technology
In addition to the ordinary project question submissions, there are some questions that require to complete a special medium of presentation and submission. In response, Matryx’s parent, Nanome, has developed two virtual reality software to help present, including Calcflow, the first 3D mathematical drawing software in human history, and Nano-one, a software that uses virtual reality to build cells. Nano-one can revolutionize the organic biology field: in the VR environment, researchers are able to get a better picture and understanding of the drug in a 3D environment, moreover, the real-time interaction and feedback with cloud-based drug molecular library ensures accurate drug design, this will save a lot of R&D costs in large pharmaceutical industry.
If we say the birth of the iPhone sparked the smartphone revolution, then Matryx’s birth will spark “smart research” revolution. Matryx overthrows the traditional centralized scientific research model and opens up the market of “intelligent scientific research” using the decentralized mode of blockchain. Of course, Matryx is not the only platform for research projects, there is also Researchgate. In both platforms, people can post projects they’re working on or projects they’ve done before and other people, who are interested, can connect and collaborate. But, in researchgate, it is really hard for companies to post project information, it does not use blockchain technology to do credit endorsement, it is difficult to tell who gave the solution first, and it is difficult to overcome information attack event, which does not guarantee the user’s security.
In contrast, Matryx is more advanced, intelligent and efficient, which is a milestone meaning for demanders, researchers and blockchains of research projects.
Moreover, recently, the Matryx platform has signed Accelerator Strategic Partnership with HTC VIVE. Ms. Pearly Chen (HTC’s Principal Staff Officer) said that Nanome’s idea is very innovative and HTC is excited to have such company in the HTC accelerator. And through HTC, Nanome will also bring its platform and software to the world. Let’s wait and see!
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