Phronesis is a blockchain platform that aims to revolutionize the Decentralised Finance (DeFi) and Web3 sectors by leveraging Artificial Intelligence and proprietary consensus technology. The platform features Sophia, an AI Statistical Consensus Mechanism, and the Indirect-Low Transaction Fee Management Protocol, which provide lightning-fast transactions at minimal costs. Sophia’s mechanism classifies validators into three groups based on transaction fees and uses machine learning to monitor the entire Phronesis block sequence. The Indirect-LTF Management Protocol promotes high transaction speed at a low cost.