Tron Announces Partnership with Internet Giant Baidu

Must Read

Stellar Lumens (XLM) Price Analysis: Lumens Price Broke The Support Level Of $0.065

Stellar Lumens (XLM) Price is suffering major price corrections due to the overall downtrend in the cryptomarket.  Currently,...

IOTA (MIOTA) Price Analysis: IOTA Coin Price Strives to Cross $0.20 Mark

The overall market conditions are correction signs as BTC plunged below the price level of $9k again with...

Tezos (XTZ) Price Analysis: Tezos Coin Price Testing The Support Level Of $2.50 With Significant Downtrend

The latest Tezos (XTZ) Price Analysis showed Tezos coin price is facing a severe downfall in today’s market...
5d85c99dd353c-bpfull
Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

Decentralized Internet project TRON (TRX) and China’s largest search provider Baidu will corporate on cloud computing resources, according to an official tweet from the TRON foundation.

Tron Foundation revealed in its latest tweet that it would be working closely with Baidu, a China-based internet giant, to use their cloud solutions. Far from what seems like an official and detailed press release, today’s announcement nevertheless confirmed to Tron’s October 12 teaser in which it admitted partnering with a giant whose valuation was worth billions of dollars.

But to many who responded after Baidu’s name came to the limelight, the Tron partnership with the internet giant was no less an equivalent of, as a tweet quoted, “a sleeper’s partnership with his pillow.”

The Tron Foundation has today in its tweet presented the cooperation as being a bid to make “blockchain solutions more accessible for users and small businesses alike. End goal: mass adoption of #blockchain.”

ODaily further detailed that Baidu has plans “at the same time,” to release its so-called “Blockchain Commercialization Super Partner Plan v1.0,” which focuses on tech exploration and revenue sharing with “commercial superpartners,” and is reportedly based on the firm’s “Super Chain” infrastructure.

Baidu had first introduced the idea of commercializing its cloud blockchain Blockchain-as-a-Service (BaaS) platform in a white paper focused on the development of its “Super Chain” network system, published late September.

Some crypto commentators have more broadly taken issue with the characterization of the Baidu-TRON agreement as a “partnership”; in a tweet,

“If I buy a computer with Microsoft Windows installed, I should not claim to have partnered with Microsoft without clarifying the limited nature of the partnership.”

Advertisement

Advertisement


Hot News

Stellar Lumens (XLM) Price Analysis: Lumens Price Broke The Support Level Of $0.065

Stellar Lumens (XLM) Price is suffering major price corrections due to the overall downtrend in the cryptomarket.  Currently, Stellar Lumens (XLM) Price is...

IOTA (MIOTA) Price Analysis: IOTA Coin Price Strives to Cross $0.20 Mark

The overall market conditions are correction signs as BTC plunged below the price level of $9k again with Ethereum sustaining the major level...

Tezos (XTZ) Price Analysis: Tezos Coin Price Testing The Support Level Of $2.50 With Significant Downtrend

The latest Tezos (XTZ) Price Analysis showed Tezos coin price is facing a severe downfall in today’s market and might break below the...

Teenage Cryptocurrency Hacker Sued For $71.4million

Ellis Pinsky is the young cryptocurrency hacker, who stole big crypto worth $23.8 million from an investor Michael Terpin. Terpin subjected him to...

Reddit Cash Demo Launched by Fuel Labs

According to the recent news by Reddit, an Ethereum sidechain Fuel team, Fuel Labs has announced the launch of a Reddit Cash demo. ...

Ethereum Scaling Solution Principal Engineer Proposes Stablecoin DefiDollar

The Principal Engineer at Ethereum’s scaling solution Matic Network, Arpit Agarwal, introduced an exclusive stablecoin DefiDollar (DUSD) today. As per Principal Engineer At...

Partners

IOTA (MIOTA) Price Analysis: IOTA Coin Price Strives to Cross $0.20 Mark

The overall market conditions are correction signs as BTC plunged below the price level of $9k again with Ethereum sustaining the major level...

Tezos (XTZ) Price Analysis: Tezos Coin Price Testing The Support Level Of $2.50 With Significant Downtrend

The latest Tezos (XTZ) Price Analysis showed Tezos coin price is facing a severe downfall in today’s market and might break below the...

Teenage Cryptocurrency Hacker Sued For $71.4million

Ellis Pinsky is the young cryptocurrency hacker, who stole big crypto worth $23.8 million from an investor Michael Terpin. Terpin subjected him to...

Reddit Cash Demo Launched by Fuel Labs

According to the recent news by Reddit, an Ethereum sidechain Fuel team, Fuel Labs has announced the launch of a Reddit Cash demo. ...

RELATED NEWS

Stellar Lumens (XLM) Price Analysis: Lumens Price Broke The...

Stellar Lumens (XLM) Price is suffering major price corrections due to the overall...

IOTA (MIOTA) Price Analysis: IOTA Coin Price Strives to...

The overall market conditions are correction signs as BTC plunged below the price...

Tezos (XTZ) Price Analysis: Tezos Coin Price Testing The...

The latest Tezos (XTZ) Price Analysis showed Tezos coin price is facing a...