TRON DAO joins the Enterprise Ethereum Alliance

by Arthur · December 27, 2022

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Geneva, Switzerland, 27 December 2022, Chainwire — TRON DAOa community-driven DAO dedicated to accelerating the decentralization of the Internet via blockchain technology and dApps, today announced that it has joined Enterprise Ethereum Alliance (EEA). As an EEA member, TRON DAO will cooperate with the EEA and its members, the leading business adopters, innovators and leaders within the Ethereum ecosystemto accelerate the pace of Ethereum business development and adoption.

TRON DAO accelerates the development of Web3 adoption on a global scale by creating new and useful solutions for builders and consumers. “TRON and Ethereum have grown and matured together over the years,” says TRON blockchain founder, HE Justin Sun. “We want this affiliation to be a step forward for the industry to show that progress comes in many forms. Blockchain has the potential to change the world in ways we cannot fathom, and we need to coordinate together to make it happen. I am optimistic that partnerships like this are one of the healthiest moves we can make collectively.”

The EEA’s member base representing companies from all regions of the world. EEA interest groups, Working groups, and events bring together the best Ethereum and global business leaders, technologists and industry experts to learn about the latest business reference implementations, real-world use cases and technical innovations. The EEA’s educational primersdesigned specifically for non-technical participants to the Ethereum ecosystem, offers introductions to many of the different concepts and facets of Ethereum, and blockchain as a whole, to help more professionals get started on the platform.

About the EEA

The Enterprise Ethereum Alliance (EEA) enables organizations to adopt and use Ethereum technology in their daily business operations. The EEA empowers the Ethereum ecosystem to develop new business opportunities, drive industry adoption, and learn and collaborate. The EEA community projects provides a hub for open source development of code, APIs, standards, and reference implementations. To learn more about joining the EEA, contact [email protected] or visit https://entethalliance.org/become-a-member/.

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About TRON DAO

TRON DAO is a community-run DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by HE Justin Sun, the TRON network has continued to deliver impressive performance since its MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services with over 100 million monthly active users. The TRON network has gained an incredibly good hold in recent years. As of December 2022, it has over 130 million total user accounts on the blockchain, more than 4.4 billion total transactions and over $9.3 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoins worldwide, surpassing USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-secured decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first crypto reserve for the blockchain industry – the TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins. As recently as October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, marking the first time a major public blockchain has partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s approval to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, has received statutory status as an authorized digital currency and medium of exchange in the country.