Tron (TRX) –The year had started off on good note for many cryptocurrencies. Tron (TRX), perhaps the most speculative of all is set to end the year in style. The first quarter of 2018 had seen many crypto coins leaving their shells in the decentralized community and moving into working environments – real-world use cases.
Tron (TRX) had been making moves to get important platforms to its side as part of efforts to usher in another web –web 4.0 that will entrust content creation in the hands of users. Justin Sun’s Tron (TRX) had perhaps struck gold in recent partnership with supposed secret project – Baidu.
Unveiling Baidu – Tron’s (TRX) Latest Partnership
Justin Sun, Tron’s (TRX) CEO in his eccentric manner had set the net on fire with his tweet suggesting a billion-dollar partnership with a giant industry. The tweet had been set off in the mid-day of October 12 and the next twenty-fours had seen many platforms carrying the news.
The hype had soon culminated in later unveil of Baidu as the billion-dollar platform that Tron (TRX) had sought to partner. It is rather ironical that the tweet had set off rumors that Tron (TRX) was on the “big thing”. However, few details that have emerged from the partnership had posited that much might after all not be in stock for Tron (TRX).
Tron (TRX) had only gone into the partnership to help Baidu, the “Chinese Google” bring cloud computing services to the doorstep of many service providers and also help the blockchain have massive adoption.
Away from Baidu
With the unveil of the Chinese Internet giant, Baidu as the secret partnership Tron (TRX) had hinted on, tension had been doused and heads tilted towards likely partnerships awaiting Tron (TRX).
The Tron Foundation had been consistent in plans to forge more partnerships and have the coin seated on the top ten charts on market capitalization. Interestingly, rumors have emerged that Tron (TRX) will partner more giants. Penciled down as the platforms greatly vied for by the coin is iTunes and Alibaba. It however remains a poser how Tron (TRX) intends to achieve this.
Tron (TRX) Easy Ride on iTunes
Alibaba might prove a bit difficult for Tron (TRX) but same can’t be said of iTunes. iTunes, one of the largest entertainment distribution platforms had been eyed by Tron (TRX) to cement its mission to capture centralized entertainment industry and reposition same with the blockchain.
The coin might certainly have it easy when it really makes cogent moves to capture iTunes. Its success with BitTorrent will be energized boost to partner or take over iTunes as soon as practicable.
While pundits might be at a loss why Tron (TRX) is on the heels of current entertainment distribution platforms, it will suffice here to mention that the coin intends establishing a new blockchain order – Decentralized Web.
Partnering with iTunes is easiest way to allow users create and manage contents without interference. On the other hand, token rewards await users for their activities towards the ecosystem’s growth. Hence, Tron and iTunes’ partnership should no longer be regarded as seeming possibility but one that is set to materialize in due course.
Alibaba – Another Tron (TRX) Partner in the Offing
Justin Sun, Tron’s (CEO) had earlier welcomed another senior developer from Alibaba into the Tron Foundation; increasing the Foundations’ staff strength that had been teeming with former employers in giant firms such as Alibaba. This move is perhaps to capture the interest of the Chinese ecommerce platform, Alibaba for a partnership.
Rumors had gone to town that Tron (TRX) is prepared to sign an agreement with Alibaba that will see the two platforms moving into the greatest partnership of all times.
Reinventing Rivalry with Ethereum
If Tron’s (TRX) partnership with Alibaba is anything to come by, then the coin had successfully pitched itself against Ethereum. ETH and XRP had been major crypto coins holding sway in the ecommerce sector and addition of TRX will perhaps send them packing.
Can Alibaba bow to Tron (TRX) after Justin Sun bowed out of Alibaba?
The Tron (TRX)-Alibaba partnership is an interesting one to look out. It will perhaps take fair play of humility for Jack Ma’s Alibaba to accept Tron’s (TRX) invitation for a partnership. It is pertinent to note here that Justin Sun, Tron’s (TRX) CEO is a protégé of Jack Ma, Founder of the Alibaba Group – the lead company behind the Chinese ecommerce store, Alibaba.
The two CEOs have known themselves personally for some time and their educational backgrounds will suffice in the partnership. Apart from running Alibaba, Jack Ma presides and runs the Hupan University in China where Justin Sun underwent a three-year program.
It might pass for a leader’s lack of trust in his leadership style if Jack Ma declines Tron’s (TRX) partnership in the future. Haven lectured Justin Sun sand had him under close survey during his educational pursuit at the institution, Jack Ma is certain to have reasons to accept the partnership.
Tron (TRX) did not have anticipated Bull Run after announcing its partnership with Baidu. However, upcoming partnerships such as the one touted with Alibaba will send the coin over the edge and increase its chances at having fair share of centralized economies.