Justin Sun announced a few days ago via Twitter that a new gigantic collaboration with a multi-billion dollar company is imminent. The speculations turned from Alibaba over Google up to Baidu.
Now the TRON Foundation has confirmed a few minutes ago that Ethereum killer TRON will cooperate with Baidu and large cloud service providers.
The aim of this collaboration is to make blockchain solutions accessible to medium-sized and small businesses in order to advance the adaptation of this new technology.
#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 pic.twitter.com/v39Zm7zMc4
– TRON Foundation (@Tronfoundation) October 18, 2018
TRON and Baidu will offer complete software solutions in order to offer “Blockchain-as-a-Service” in a bundled package as a service for innovative companies in the free economy.
Baidu and TRON will build the complete infrastructure so that it can be used in a variety of possible scenarios. It will be possible for developers to create, test and run distributed applications in the cloud.
This cooperation is not an isolated case in the industry. In cooperation with QTum, the retail giant also offers Amazon Web Services (AWS) which facilitate the use of blockchain technologies for companies.
The price of TRON reacted rather cautiously to this news and recorded a slight price increase of + 1.59 percent to a price of 0.02153 euros. With a market capitalization of almost 1.4 billion euros, TRON ranks 11th among the largest crypto currencies worldwide.