‘Where there is smoke, there is fire’ is a saying that is very applicable to the breaking news that Baidu has been confirmed as the newest partner of the Tron Foundation. Speculation was high after the online publication of Coinness announced that the new partner was Baidu and based on its own credible sources. However, an official announcement had not been made from Justin Sun or his team at Tron (TRX).
The Tron Foundation has since confirmed the news via a tweet that stated the following:
#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
More Partnerships to Come Due to a Functional Mainnet
The Tron project has been making a lot of progress in terms of technical developments. All these developments have pointed to one observation: that Tron is the only platform that has not experienced any technical and community issues since launching its Mainnet on the 25th of June.
The Tron Virtual Machine was recently activated on the 12th of October and the list of smart contracts being deployed continues to increase on a daily basis. As of October 16th, 90 smart contracts had been deployed onto the Tron Mainnet thanks to the TVM. That number now stands at 97 Smart contracts on the 18th of October.
The number of user accounts on the network has also crossed the half a million mark. The Tron network currently hosts 502,573 accounts at the moment of writing this.
Therefore, and using our favorite quote of the day, where there is smoke there is fire. The Tron Mainnet has continued to operate on a level of impeccability and additional partnerships are likely not that far into the future.
Possibility of An American Partner
With the Tron Foundation recently opening up an office in San Francisco, there is a high chance that there could be a future partner from the area. The San Francisco office is strategically placed to start the process of negotiating a partnership with a tech giant from the Silicon Valley.
Of course this is pure speculation, but anything is possible in the crypto verse!
What are your thoughts of Tron’s confirmed partnership with Baidu? Is this an indicator of more to come? Please let us know in the comment section below.
Disclaimer: This article is not meant to give financial advice. Any opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.
