Tron’s partnerships are expanding drastically, with the latest being the computing giant Oracle. Justin Sun, CEO of Tron has hinted at the collaboration since October 2018, when he tweeted about the Oracle team meeting with Tron’s team in their San Francisco headquarters.
— Justin Sun (@justinsuntron) October 20, 2018
According to the tweet Sun suggested the discussion of smart contracts and tokenization with Oracle.
The announcement of listing Oracle as its partners was at the Tron summit – niTRON in San Francisco. Along with the computing giant, it also highlighted partnerships with Aurora, Steemit and Pantera.
Oracle has already ventured into the blockchain field with the launch of its blockchain services and applications to increase trust using blockchain’s transparency characteristic for transactions. It is designed with Oracle Blockchain Cloud Service and linked to Oracle Supply Chain Management (SCM) Cloud, Oracle Enterprise Resource Planning (ERP) Cloud and other Oracle Cloud Applications.
When comparing Oracle and Tron, the two companies have similar beginnings. Oracle too saw a gap in database design, while Tron picked on a gap in the Blockchain industry. Oracle acquired firms such as Sun Microsystems, PeopleSoft and many others along the way, while Tron is seen to be following the same path with the acquisition of BitTorrent.
Tron has gathered partnerships with giants in the digital space. For example Binance for the BitTorrent token- BTT and now Oracle. It suggests that Justin Sun has a long term vision in ensuring that Tron reaches far and wide in a wide variety of applications, services, and products.
Tron mission is to decentralize the web, and with the looks of it, it’s aggressively pushing towards it.
At the time of writing, Tron’s TRX token is ranked at 9th, in the green valued at
$0.026177 with a market capitalization of $1,744,802,700.
Tron can maximize from Oracle’s popularity and help gain in mass adoption. It deserves the mass adoption given the risk and going against the tide of leveraging opportunities in various industries.
Image Source – In Flight USA
Subscribe to our Newsletter to be a part of our future $1,000 per month contests.