Tron (TRX) And Moshroom Announce Strategic Partnership
Tron (TRX) has indicated it sealed a strategic partnership with Moshroom, A China-based portable smart toilet supplier. The two firms are working on how to use blockchain for cross border remittance using cryptocurrencies.
A statement by Tron indicated that the cooperation is to provide better bathroom experience for ordinary people across the world using MOSHROOM’s outstanding innovation in portable smart toilets.
Although, many countries have problems providing better bathroom experience for the common man on the street. Due to poor budget and planning, public toilets face many a number of difficulties which are not limited to poor hygiene, pollution, and health risks, however, Moshroom’s innovative one-set portable toilets that are equipped with flush-free toilet fittings and a solar power system, solve these problems completely.
These smart toilets work independent of external supply of water or electricity, they come with supportive intelligent lock, ads light box and vending machine to serve commercial purposes.
The idea is supported by the Chinese government, making Moshroom place dozens of portable toilets on the streets of Beijing.
Speaking on the development, Justin Sun, founder of TRON, said, “Blockchain technologies are not out of reach for ordinary people. A technology is only worthy when it is able to improve people’s life. The mobile Internet technology has already changed how we live in terms of getting information, mobile entertainment, as well as e-commerce. TRON strives to do the same thing with blockchain technologies. Bathroom experience is a matter of health and dignity for each and every one of us, but it hasn’t received the attention it deserves in many countries. TRON hopes to help MOSHROOM improve bathroom experience for more ordinary people in developing countries, with a focus on cross-border payment settlement. We would like to make sure that this project continues in an effective and healthy manner with a good business model.”
In his statement, CEO Moshroom, Cosmos Wu said: “Public toilets are not merely a project for public welfare. On the contrary, the project won’t last long if it is non-profit. We hope to adopt a reasonable business model to provide quality bathroom experience with an affordable price for ordinary people across the world, especially those from developing countries. Since currency systems vary from country to country, it’s not an easy job to popularize our portable toilets around the world. Therefore, we are happy to work with TRON, one of the best in the blockchain community, and promote our project with the help of cryptocurrency.”
The two firm will promote portable toilets in Southeast Asia and India, while payments are to be made using blockchain technology.