CCBeast Special


Partnership between TRON and “China’s Google,” Baidu?
Editorial Team

Project TRON (TRX) has reportedly partnered with China’s Internet search engineer Baidu. This has been claimed by crypto market news service Coinness in a tweet on Tuesday, October 11, citing its private correspondence with TRON’s team.

At press time, neither TRON nor Baidu has confirmed the partnership. Coinness has claimed that the deal between TRON and China’s Internet giant Baidu will be “officially” revealed by the cloud storage service Baidu Cloud “next week,” but no further details have been disclosed.

TRON’s CEO Justin Sun has recently hinted on Twitter at a secret partnership with an unnamed “industry giant” that is valued at “tens of billions of dollars.” In his Tweet, posted Friday, Oct. 12, Sun has similarly provided little information:

“Finally, First time to partner with tens of billions USD valuation industry giant. Guess the name.”

Tron Foundation was set up in Singapore in July 2017; while TRON’s open source protocol was launched in December 2017. In September, TRON released detailed about its partnership with a popular torrent client BitTorrent, following the earlier acquisition of the company.  Collaboration between the two companies dubbed “Project Atlas” will reportedly enable the users of the BitTorrent client to receive rewards in TRON for seeding torrent files.

In August, Baidu has joined Tencent and Alibaba in order to enforce new anti-crypto policies in line with China’s overall stance on the industry. The firm has shut down at least two popular crypto-related forums, with a notice to their users stating that Baidu’s measures are compliant with the “relevant laws, regulations and policies.”

On Sept. 26, Baidu has released its Baidu Blockchain White Paper V1.0, aiming to create “the independent development of the ‘Super Chain’ network system.”

On June 25, TRON celebrated its “Independence Day,” when it migrated off the Ethereum (ETH) Blockchain to its own independent public Blockchain.

Source: Cointelegraph.com

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