Founded in 2016, MATRIX AI Network (MAN) is an open-source, distributed computing platform and operating system that melds artificial intelligence (AI) and blockchain. The project aims to enhance the speed, flexibility, security, and 'intelligence' of blockchains. It is purportedly able to support 50K transactions per second and uses a Hybrid PoS + PoW consensus mechanism. The consensus mechanism makes use of value-added computation through the use of the Markov Chain Monte Carlo (MCMC) computations. MATRIX Intelligent Contracts use Natural Language Programming and adaptive deep learning-based templates to auto-code. MAN tokens are mined and used to power real-world applications. The project has reportedly collaborated with Beijing cancer Research hospital to improve speed and accuracy of a cancer diagnosis.