Tron (TRX) potentially pedaling towards a new partnership with Alibaba

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The Tron Foundation (TRX) is making progress with its good efforts to make Tron's blockchain project a complete success and an example in cryptographic space. Justin Sun, leader and founder of Tron's core developer blockchain project and the Tron Foundation continues to work tirelessly to make encryption the best in the world.

Considered as one of the most charismatic personalities in the sphere of cryptocurrency today, Justin Sun is renowned for having expressed his thoughts on some debates and problems related to the encrypted. However, it is not known to many that Justin graduated a few weeks ago at the prestigious Hupan University in China, where he followed a three-year program after being selected by billionaire Jack Ma, who is the founder and leader of the University as like the giant of e-commerce, Alibaba.

The Hupan University is one of the most renowned and prestigious tertiary institutions in China, and is privileged to be managed by one of the most influential names in Asia and around the world, Alibaba- the founder Jack Ma, known for his philanthropic efforts and his business acumen. Mr. Jack Ma also holds some conferences at the University of Hupan.

For three years, Justin Sun studied under the wings of Jack Ma and at the start of this year, Justin presented his graduation thesis entitled, " The Birth of a Decentralized Internet . "The thesis sheds light on Justin Sun's remarks on past, present and future thoughts concerning blockchain technology and cryptocurrency.

Jack Ma and Justin Sun, the leaders of Alibaba and Tron Foundation respectively have been pre-eminent for a while over time and speculation is widespread that they have patented an agreement which will be made public anytime soon. According to various sources, an official member of the Alibaba staff will confirm the move to collaborate with Tron (TRX).

Tron's potential partnership (TRX) with Alibaba

The crypto community is not new to forecasts, rumors and speculation. Whether it is the price movement of a digital currency or a potential partnership in progress, the cryptographic space has seen everything. This can be said in particular with the latest news of an agreement almost concluded between Tron (TRX) and the giant Asian e-commerce group, Alibaba.

What to Expect from the Partnership

Well, if the agreement goes on and both companies put the paper on ink, the members of the crypto community should prepare for a huge run from Tron (TRX).

In recent months, Tron (TRX) has steadily expanded its territories with plans to increase its current Over 100 staff members team to a full house of about 400 individuals who will work in the operations of the Tron platform.

If the Tron Foundation succeeds in achieving this goal by the end of the year, Tron will be comfortably on the right track Tracing other cryptic companies like Ethereum that boast of having more than a thousand employees.

Tron Benefit

Because Alibaba is huge in the world, any partnership with the power plant of e-commerce and a cryptocurrency Technology will be a turning point in the financial market and how things work. Although there does not seem to be any strong connection between the two companies, any agreement between them would remove the value of Tron (TRX) to easily reach $ 2 to $ 4.

How will Alibaba Benefit

With the growing team of developers of Tron and a series of updates already launched on the blockchain platform, a partnership with Tron would facilitate fast, reliable and secure money transactions between customers and the company.

Tron is committed to making it easier for users to sell their goods online, while at the same time facilitating buyers who want to buy things online with a smooth experience. A partnership between Tron and Alibaba would mean war with other giant e-commerce platforms like Amazon that are expanding their influence in the entertainment industry.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct a thorough research before investing in any cryptocurrency and read our complete disclaimer.

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