Justin Sun Discusses Blockchain Technology
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This article discusses Justin Sun, the CEO/Founder of TRON. TRON is a blockchain-based company that is creating a decentralized internet that will allow for fair transactions and online media distribution. They have also been heavily promoting their new cryptocurrency, USDT or True USD. This article touches on how recent events placed Justin Sun and his startup at the forefront of cryptocurrency innovation in 2018.
Justin Sun is the founder of TRON, which released its mainnet in September 2017 after becoming one of China’s top three most valuable companies to ever exist (the other two being Alibaba and Tencent). He began working on his project after seeing how popular crypto was with investors, traders, and developers alike. His company will be one that is heavily focused on blockchain technology and cryptocurrency exchanges, combining the features of both. Justin Sun has stated that he hopes to see TRON soar to the top 5 most valuable cryptocurrencies this year or in 2019 at the latest.
The TRON Foundation also provides thorough and useful information on the TRON blockchain. It is a public blockchain through which users can transact and store their digital assets. TRON is one of the first blockchains to introduce smart contracts, which allow for peer-to-peer contracts without third-party involvement. The team has created a platform that allows for smart contract development, new token issuance, decentralized application hosting, and decentralized file storage.
An interesting part of this article that we would love to see explained in detail is how TRON’s recent partnerships have been beneficial to the company’s growth and development. TRON recently partnered with BitTorrent Inc. to allow for the decentralized distribution of content. They also managed to create an agreement with oBike, through which they were able to raise awareness of their currency and their platform while also increasing merchant adoption.
Justin Sun was born in China but has spent much of his life in Canada. He attended the University of Pennsylvania and worked on Wall Street at Merrill Lynch before focusing his efforts on TRON and other blockchain projects.