If one muses over the nitty-gritty of some of the mystery events in the crypto space, one will begin to wonder to the tune of gaping. The latest happening which saw Justin Sun eulogizing Ripple technology with songs of praise over its latest achievements in the market has issued distrust into people’s mind.
Justin Sun in his extoling statement for Ripple (XRP) claimed the cross border remittance focused blockchain technology will soon be handed more adoptions from top financial institutions as an addition to its past glories. Sun added that with the imminent Ripple Swell 2018 program slated for next month which will feature Bill Clinton keynoting, the altcoin would have another positive step towards mainstream adoption.
While Justin remains the founder of Tron blockchain technology, many have been wondering why the tech specialist is driving popularity for Ripple in the space against Ethereum despite having his own project. They believe almost all coins in the space, especially the ones above Tron in the table, are competitors to the altcoin.
As the worries, deliberation and concerns linger, this article found it important to disclose some of the reasons why the founder of the entertainment focused blockchain technology has been involved in such.
The connections between Justin Sun and Ripple (XRP) include:
Justin Sun At Greater China Region For Ripple (XRP)
Before the establishment of Tron (TRX) blockchain technology in the year 2017, Justin Sun held a number of notable positions in China. In 2014, he was honored by World Economic Forum as the Global Shaper of the year. The year 2015 marked his graduation where he was the only millennial in the first graduating class of founder Jack Ma’s Hupan University.
In relation to Ripple, Justin Sun served as the Special Representative and Adviser of Ripple Lab Greater China from the year 2014 to 2016.
This must have handed the tech specialist more inspiration and leadership skills in the establishment of Tron blockchain technology.
Is Justin Sun A Shareholder Of Ripple (XRP)?
After a tweet issued out by the founder of Tron, lovers of cryptocurrency in the space became confused about the stand of Justin Sun, and whether he is truly a shareholder at Ripple.
According to founder Sun, the crystal truth is that he is a shareholder of Ripple blockchain technology. Sun, in his tweet said, as “a Ripple shareholder, I’m confident financial institutions will adopt blockchain.”
XRP surge shows PNC Bank’s recognition of the Ripple protocol. With Bill Clinton keynoting Swell 2018, blockchain is going mainstream! As Ripple’s Greater China Chief Rep from 2014-16 and a Ripple shareholder, I’m confident financial institutions will adopt blockchain. #TRON $TRX
— Justin Sun (@justinsuntron) September 21, 2018
Now that it is clear that the Chinese born entrepreneur is a shareholder at Ripple, some will still be left with doubt of what would be of Sun’s stand between the two companies, but this is left to him to decide.