Unconfirmed: TRON to Partner with 'China's Google,' Baidu

Published on by Cointele | Published on

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The team of cryptocurrency project TRON has reportedly partnered with China's largest Internet search provider Baidu.

Neither TRON nor Baidu have been able to confirm the partnership to Cointelegraph as of press time.

Without specifying the details of the partnership, Coinness has claimed that the deal between TRON and China's Internet giant Baidu will be "Officially" revealed by the cloud storage service Baidu Cloud "Next week."

While Coinness claims that TRON has exclusively confirmed the partnership in private correspondence with it, the crypto platform itself has not yet officially announced any details of the partnership or even the identity of its new business partner.

As mentioned on TRON's website, the decentralized Internet company TRON Foundation was established in Singapore in July 2017, while TRON's open source protocol was launched in December 2017.

In late September, TRON released details about its partnership with a popular torrent client BitTorrent, following the earlier acquisition of the company.

A collaboration between the two companies dubbed "Project Atlas" will reportedly enable the users of the BitTorrent client to receive rewards in TRON for seeding torrent files.

TRON is currently the eleventh largest cryptocurrency by market cap, according to CoinMarketCap data.

On June 25, TRON celebrated its "Independence Day," when it migrated off the Ethereum blockchain to its own independent public blockchain.

At press time, TRON is trading at $0.023, up 2.79% on the day.

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