Days ago, Tron CEO Justin Sun teased he was partnering with an industry giant.
Hours later, Coinness.com noted that partner was Baidu. In a tweet, the index noted, “Exclusive #Tron to cooperate with China’s IT Giant #Baidu. The Tron team told Coinness.com that a partnership had been confirmed between Tron and China’s IT giant Baidu, which will be officially revealed by Baidu Cloud next week.”
Confirmation: TRX Partners with Baidu
According to a TRX Foundation tweet, #TRON is joining forces with Internet service giant Baidu and will continue to work with large cloud service providers to offer blockchain solutions, make the technology more accessible for users and small business alike. End goal: mass adoption of #blockchain $TRX…”
According to Coin Telegraph, “Baidu Cloud and TRON have closed a deal to cooperate in terms of “basic cloud business,” outlining that both parties will work to maximize inter-compatibility and “to build, operate and debug blockchain products” based on Baidu Cloud.”
As a result of the news, TRON is up 2.87% on the day to $0.2465.
Reasons to be Bullish on TRON
TRX claims that its smart contracts are 200x faster than Ethereum and 100x cheaper than EOS. Plus, remember, Sun believes TRON will be in the Top 10 of cryptocurrencies in the next six months.
All as TRX moves to complete its key milestones in the fourth quarter of 2018. One of those includes creating more awareness of the TRON protocol. Then, they want to focus on entertainment and gaming with hopes of attracting more Dapps developers.
In addition, Bittrex just announced that TRX is available to trade with the USD. This marks the first time TRX has been paired with the USD in the U.S. In fact, it’s now one of 10 digital currencies available for direct USD exchange on Bittrex. It will now list on BitBay, a cryptocurrency exchange with 800,000 users.
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