After Tron (TRX) founder Justin Sun said the cryptocurrency platform will announce a cooperation with tens of billions USD valuation industry giant, different people have guessed that the latest partnership should be with Ripple (XRP).
While people are conjecturing, CoinNess a crypto news platform exclusively published on his Twitter handle that Tron will cooperate with China’s IT Giant Baidu The Tron team told, pointing that this information came from the Tron team.
The Tron team told https://t.co/reZ2fjHrZq that a partnership had been confirmed between Tron and China's IT giant Baidu, which will be officially revealed by Baidu Cloud next week.
— CoinNess – To Make Crypto Investing Easy (@CoinNessCom) October 12, 2018
CoinNess said it was told by Tron team that a partnership had been confirmed between the cryptocurrency platform and China’s IT giant Baidu. According to CoinNess, Baidu Cloud will make the official declaration next week.
Tron (TRX) and Baidu coming together is the beginning of good things in the cryptocurrency space. Formed in 2000 by Internet pioneer Robin Li, Baidu has a platform that provide users with many channels to share information.
The firm has strongly become China’s leading tech giants, becoming the country’s most used search engine. Now Baidu is referenced as “the Google of China,” winning the hearts of Chinese by hosting around 70% of China’s internet searches.
While Baidu also does many other thing, it provides maps, images, and videos for internet users. Also, it offers news searches and diverted its focus to artificial intelligence (AI) and self-driving vehicles. From advertisements, Baidu generates enormous wealth just like Adworlds.
Going by Thomson Reuters’ 2017 study, Baidu was rated among the top internet companies by revenue even ahead of eBay, Netflix, among other platforms.
With China having nothing less than 770 million internet users, Baidu is massively benefiting from the country’s growing internet users and has more potential than many platforms across the world.
Disclaimer: Our writers invest in cryptocurrencies and it is possible the author of this article has investment in any of the digital currencies discussed. Some times author's presented information may be laced with opinions. Treat articles as mere information and not as financial advice.