Oct 18, 2018 13:00 UTC
Mar 18, 2019 at 09:53 UTC
Attention: Baidu and Tron Finally Tie The Knot. Or Do They?
Well the confirmation the industry had been waiting on has arrived from Tron’s side. The foundation recently tweeted from their official handle that it would be working next to Baidu with regards to making their cloud solutions more accessible.
#TRON is joining forces with Internet service giant Baidu and will continue to work with large cloud service providers to offer blockchain solutions, make the technology more accessible for users and small business alike. End goal: mass adoption of #blockchain. $TRX pic.twitter.com/v39Zm7zMc4
— TRON Foundation (@Tronfoundation) October 18, 2018
It is clear from the tweet that their collaboration would specifically focus on cloud solutions. According to speculation,Tron is looking forward to building its Wave Field Tron system on Baidu cloud. According to sources, Baidu Cloud and Tron’s deal will revolve around “basic cloud business,” and that both parties are looking forward to maximizing intercompatibility and “to build, operate and debug blockchain products” based on Baidu Cloud.
The translation of the chinese text in the image attached to the tweet reads as following, according to one of Tron’s own members
“Baidu Cloud service is cooperating with Tron’s Wave Field technology in basic cloud business field. Therefore, the Wave Field Tron will be built on Baidu Cloud. Both the parties have not reached any partnership on a business level, but the current partnership will be only focusing on the sale and the purchase of basic cloud computing resources.”
Tron, currently the eleventh largest cryptocurrency in the world stands to benefit much from this collaboration. Firstly, as soon as Justin Sun, the CEO of Tron posted about the collaboration, Tron’s price went up over 2 percent against the dollar. It is evident that this partnership will help boost Tron to new heights.
However, some crypto users do not see this as a partnership yet and are ridiculing the exaggeration of this deal from Tron’s side. They are skeptic if this deal actually can be called a ‘partnerhsip’.
In fact when I put gas in my car I'm Shell's partner and when I buy on Amazon I'm Amazon's partner … 😱
— CryptoSwitzer 🔑 (@cryptoSwitzer) October 18, 2018
I partner with Starbucks every morning around 730
— Mike Hanson (@IAmMikeHanson) October 18, 2018
It remains to be seen what is the nature of this ‘partnership.