Looking at Tron’s Q3 report, the company has excelled significantly probably not in the market but in terms of products, enhancing blockchain adoption and improved services. 2018 is the year Tron has launched most of its most important products including its TVM which is responsible for the dapps and smart contracts on Tron blockchain.
Of course this successes recorded by the company did not happen by chance, most of it is owed to certain partnerships and collaborations between the company and other companies that have helped it to get to where it is today. We will look at some of the key partnerships that have contributed to making Tron what it is today.
- Partnership with Satowallet
One of Tron’s main focus is to make peer-to-peer content sharing possible and cheap. This and other visions of the company align with the goals of Satowallet to “to provide Crypto services that are swift, simple, and secured which has in time past helped to build our user base to accommodate all of Crypto therefore making it easy and enjoyable.” This partnership made it possible for Tron users to trade, swap or HODL their TRX on a trusted platform using the Satowallet Apple, Android and PC App.
- Partnership with Baidu
Baidu is China’s largest company and a popular search engine around the world. Its partnership with Tron was aimed at encouraging blockchain adoption around the globe across industries. This partnership now allows Tron to buy cloud computing resources from Baidu majorly to offer blockchain solutions and make the technology more accessible. This partnership no doubt has helped Tron to get to the lowest of businesses and gain adoption at that level both for TRX and for blockchain technology.
- Partnership with Crypto & proud to promote TRX use
One important way of encouraging the adoption of an asset is to make it useful in transfer of value. To achieve this, Tron has been working to see that TRX gets to the doorsteps of merchants and consumers. To take the campaign even further, it decided to partner with Crypto & Proud. The partnership was for Crypto & Proud to manufacture products like T-shirts, Polo shirts and iPhone X cases which the Tron community can use TRX to buy. This partnership if it has not increased use cases for TRX by now will increase it in the near future as more products get into the market that are bought mainly using TRX.
- Partnership with vSport Chain
One of Tron’s cardinal objectives is to bring blockchain adoption to the most regular of human activities. The adoption of blockchain was taken into sports when Tron partnered with vSport Chain to provide a decentralized betting platform for sports fans during the FIFA World Cup this year. vSport Chain which is powered by blockchain is expected to solve many sports issues with this partnership with Tron through sharing of ideas and providing a premium service to sports fans. Sports being a major industry with millions of fans all over the world will certainly bring blockchain to the knowledge of many in the near future.
- Partnership with Binance
A major milestone in the pursuit of its goals, Tron’s partnership with Binance is a huge progress in facilitating blockchain adoption. Tron’s CEO demonstrated his commitment by making a donation of $3 million to Binance Charity Foundation which is out to bring blockchain technology to the lowest communities around the world and bring them in contact with technology to better their lives. Many hopefully will get to know about the technology and its uses to make their lives more fulfilling through this partnership.
Tron has a bright future in the blockchain industry and the signs are beginning to show already with the dapps and smart contracts the company is churning out. With these partnerships and its ambitious roadmap, there is no limit to what the company can achieve in the industry.