Blockchain Startup Tron Acquires

Announcements, Blockchain, News | August 14, 2018 By:

Blockchain startup Tron has successfully completed the acquisition of the domain name.

Justin Sun, the founder of Tron, said that he believes that will be a one-stop aggregated data, search engine platform. It will be used to offer big data analysis, project evaluation, information search and other services for users in the blockchain field.

Tron will also use to examine big data collected by the platform on user sentiment, social media activity, and volume of search.

“By collecting a big amount of data, it will help TRON to better analyze what the community wants, what the blockchain field needs and what the current and future market condition is,” the company said. “User can also utilize these analyzed data to be better informed about a certain project and get the information they need. The introduction of can also help solve certain problems in the blockchain field by analyzing the needs of the market and offering a feasible solution to it.”

Tron also announced its partnership with Seedit, a cryptocurrency payment system based on the Tron network. Sun said the addition of Seedit to the Tron family will give an added push to “the development juggernaut that the company has been on.”

“When using Seedit, transactions are sent through Tron’s ultra-light network and they’re received instantly,” Seedit said. “With Seedit, you can easily send TRX, or any other Tron token, to anyone around the world using simple commands from various social media platforms like Telegram, Twitter, Reddit, and Kakao, with more platforms planned for the future.”

The announcements add to an impressive list of activity undertaken by Tron in recent months. In June of this year, the startup acquired peer-to-peer (P2P) file sharing platform BitTorrent for $120 million. Tron also recently rolled out the Tron Virtual Machine, planning on taking the Tron token on the next level, and to accomplish its mission to decentralize the web.