TRON (TRX) “will grow to be the blockchain protocol of the future”

TRON (TRX) “will grow to be the blockchain protocol of the future”

  • The TRON founder highlights huge partnership opportunities for development in the TRON network.
  • Justin Sun also attended the 2022 Milken Institute Asia Summit, where he shared insights on issues related to crypto technologies.

Blockchain oracles for hybrid smart contracts, Chainlink, hosted this year’s SmartCon event in New York. The event with the theme “invent the future of Web3” was held between 28 and 29 September 2022. SmartCon claims to be the best Web3 enthusiasts, including developers and luminaries, to connect and learn from each other.

During this year’s event, TRON founder, HE Justin Sun, was among the speakers. Although delivering his speech virtually, Sun shared the remarkable story of the creation of TRON and several meaningful partnerships the network has achieved over the past two years.

Sun also noted several GameFi opportunities available for development on the TRON network. According to him, these opportunities are available due to TRON’s partnership with Binance and Chainlink on several assets, such as the USDD stablecoin. Sun encouraged the participants not to fear failure, but to build something out of their passion. He added that mainstream adoption would happen as long as Web3 players stay true to their mission of web decentralization.

He further said that TRON could become the global blockchain settlement in the long term. Speakers at the SmartCon event included representatives of top brands, who spoke on various topics affecting the Web3 space. Such topics included governance issues, smart contracts to unlock Bitcoin, Web3 education, improved user experiences, Web3 real estate, bridging TradFi and DeFi, interoperability, and the open metaverse.

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TRON releases its monthly report for September 2022

Meanwhile, TRON released its monthly report for last month. Some of the highlights of the report include TRON’s participation as title partner at this year’s TOKEN2049 event in Singapore. The network’s founder was among the panel debaters at this event. The report also stated that Justin Sun delivered a keynote speech titled “TRON Leads the Way to Web 3.0” at the South Korea Upbit Developer Conference (UDS) in 2022.

Furthermore, Sun was one of the many important dignitaries at the 2022 Milken Institute Asia Summit. Curtis S. Chin (Head of the Asia Center) spoke with Sun to gain insights on various issues in the crypto space, such as technologies and the digital economy. Sun noted that there are still huge opportunities for the growth of digital currencies.

He also noted that TRON is still far from its goal of having 7 billion users globally, as it only has over 100 million wallets from the last five years. The monthly report also provided other updates underway in the TRON network. For example, TRON hackathon season 3 is live, with ongoing project submissions.

The report further stated that the crypto payment gateway, JustMoney Pay, now supports TRON’s algorithmic stablecoin, USDD. It also noted that the popular crypto exchange, Huobi Global, now supports TRX/USDC. Earlier last month, Malta-based crypto exchange OKX launched TRX and BitTorrent (BTT) staking on its platform, with stakers having the chance to earn up to 65.35 percent annual percentage rate (APY).

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