On 18th October, the Tron Foundation, which is the native organization of the 11th largest cryptocurrency in the world, confirmed its partnership with China’s biggest internet service-provider, Baidu Browser. The Foundation stated that this partnership will result in enhanced blockchain solutions through cloud computing resources, which will further make the blockchain technology more accessible to the users. The official Tweet by the Tron Foundation conveyed:
“#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”
The Founder and CEO of the Tron Foundation, Justin Sun also retweeted the post, strengthening the authenticity of the establishment of this partnership.
However, reports have stated that the two parties have not partnered to work directly on the blockchain technology but to gain support from cloud computing resources to build and debug products and applications on the blockchain.
On the side of Baidu developments from this collaboration, the platform will set foot into the blockchain world with the Blockchain Commercialization Super Partner Program 1.0. This will propel the exploration process in the field of blockchain for the internet service-provider and will assist in building a better blockchain ecosystem for the world with the cooperation of many commercial parties.
Timothy Lee, a cryptocurrency investor from Dublin spoke to AMBCrypto,
“This is what we have been waiting for and it is finally confirmed. Wohoo! I don’t think people realize how important and big this is. It will pump the prices like how XRP pumped with the news of xRapid launch. Just wait and watch people. Wait and watch. A big Boom is coming!”
Timothy’s friend, Brian had another opinion,
“This is all just stupid. Tron is known for it’s announcements and nothing happens with its price. Moreover, crypto is banned in China and nothing will change. It’s all just marketing. People like Timothy are just day-dreaming”
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