The document discusses the design of a low power SRAM using an Address Transition Detection (ATD) circuit to mitigate power consumption caused by incorrect address generation during timing changes in address signal lines. It elaborates on the need for the ATD circuit in asynchronous semiconductor memory to prevent wrong address selections that lead to increased power usage and erroneous data storage. The study also presents the circuit-level design, implementation process, and functional verification of the ATD circuit within a 4x4 SRAM configuration.