The team of TRON [TRX] project has reportedly its recent partnered with China’s largest web search provider named ‘Baidu’. Crypto market news service Coinness has claimed this mentioning in an official twitter tweet, citing its personal correspondence with TRON’s team.
Neither TRON [TRX] or Baidu have still confirmed this partnership, as at the reporting time.
Without specifying the main points of the partnership, Coinness has claimed that this partnership between TRON [TRX] and Baidu would be officially disclosed by the cloud storage service Baidu Cloud in the upcoming week.
While Coinness claims that TRON [TRX] has solely confirmed the partnership in a presnal correspondence with it, the crypto platform itself has not however formally proclaimed any details of the partnership or maybe the identity of its new business partner.
CEO of TRON [TRX] ‘Justin Sun’ has recently hinted on Twitter post at a secret partnership with an anonymous industry giant that’s valued at tens of billions of dollars. In his official tweet, Sun provided a very little information stating:
“Finally, for the 1st time to partner with tens of billions USD valuation industry giant. Guess the name.”
In line with TRON’s official web-site, the localized web company TRON [TRX] Foundation was established in Singapore earlier in July 2017, whereas TRON’s open source protocol was launched later in Dec 2017. The firm has two headquarters in San Francisco and Beijing, and a team of over a hundred workers operating everywhere from around the world, with a number of them being employed by China’s web giants including Alibaba, Tencent and Baidu.
Earlier in Sept., TRON [TRX] revealed details about its partnership with a preferred torrent client named BitTorrent, following the earlier acquisition of the firm. A collaboration between the 2 companies named ‘Project Atlas’ would reportedly offer the users of the BitTorrent individuals to receive rewards in TRON [TRX] for seeding torrent files.
Earlier in August, Baidu joined Tencent and Alibaba in implementing new anti-crypto policies in line with China’s overall toughened stance on the trade. The firm has closed two popular well-liked crypto-related forums, with a notice to their users stating that Baidu’s measures are compliant with the relevant laws, regulatory laws and policies.
TRON [TRX] is presently the eleventh largest cryptocurrency by market cap. At the reporting time, TRON [TRX] is currently trading at a price of $0.024 USD which is 3.46% higher than yesterday.