Cryptocurrency

16/10/18 07:10 UTC-4

Baidu and TRON (TRX) started collaboration on cloud computing resources

Baid and TRON (TRX) started collaboration
Baid and TRON (TRX) started collaboration

According to the report, which was published on October 15 in ODaily, cooperation between the TRON project and Baidu will focus on cloud computing resources.

On October 15, the ODaily Chinese news resource published a statement about the still unconfirmed partnership between the TRON (TRX) decentralized Internet project and the largest Internet search provider in China, Baidu. The message indicated that the cooperation would focus on cloud computing resources, and not on the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
.

The report of the CNLedger crypto-media, states that Baidu Cloud and TRON have secured the deal for cooperation in terms of the "main cloud business". CNLedger claims that both parties will work to maximize market compatibility and "create, handle block- products" based on the Baidu Cloud.

However, according to the aforementioned report, the partnership is still focused on the acquisition and use of basic cloud computing resources of Baidu, and not on the blockchain-technology capabilities.

In addition, ODaily reports that Baidu plans to release its so-called Blockchain Commercialise Super Partner Plan v1.0 separately. The new Baidu platform is reportedly focused on revenue sharing with "commercial super-partners" to build a mutually beneficial Blockchain ecosystem.

From the message on ODaily: "Baidu Cloud Blockchain will work on ABC + Blockchain and an advanced Baidu architecture with a "super"-chain. This is a full-featured commercialization solution for blockchain, which is designed to provide ready-made technologies and blockchain products for corporate users."

Meanwhile, TRON CEO Justin Sun has hinted on his Twitter about an unspoken partnership with an unnamed Chinese "industrial giant", which is estimated at "tens of billions of dollars."

October 12, Justin Sun, Twitter: "Finally, for the first time we are cooperating with a giant valued at tens of billions of dollars. Guess the name!"

Editor: Yuliya Soroka

See also: ""Rainy Day" for Bitcoin: the price dropped to $ 6284"

#Baidu #BaiduCloud #TRON #TRX

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