Crypto Rumors Hint at Notion of TRON (TRX) and Alibaba Partnership Deal Possibility
TRON And Alibaba Deal Might Become A Reality Soon
A lot has been happening on the TRON (TRX) network and the recently closed coin burn is a peak of the coins heap of projects since the beginning of the year. TRON has been trending in the media of late and its accomplishments could start bearing fruits sooner than expected.
The media has always been helpful to TRON and part of the coins’ growth has been linked with its strong online presence. Lately, rumors have spread that Alibaba collaboration could be the next big thing for the coin.
Justin Sun who is the founder of Tron hinted at one of his Twitter posts it is possible his founder reach a partnership with China’s largest online shopping company known as Alibaba. The thought of this possibility alone has thrown the entire crypto community into a frenzy. The deal, if indeed true and established, would see buyers on Alibaba paying for their orders with the crypto.
Sun has really been giving Bitcoin a run for its money with many of his latest innovations and partnerships. Granted, Alibaba has Airplay which the Chinese are used to in making payments, but if Tron should get added to it, the payment would surely become faster.
TRON has what it takes to match the online retail giant demand and its transactions speeds are among the best in the market. With rising usability of TRX, the collaboration could mean three things; additional onboarding, value growth, and price surge. However, the TRON community will have to wait and see how the anticipated deal plays.
The introduction of AliPay payment system has seen its market penetration increase. More and more merchants are using the platform to compete for the global economy’s attention. The platform offers a wide range of products that are affordable to the ordinary online shopper. Bringing the TRON technology onboard will translate into faster and cheaper transactions that will translate into a better user experience with significantly reduced transaction prices compared to using credit cards and escrow services.
Noticeably, Jack Ma and Justin Sun are close friends. They both graduated from a University as the best apprentice. That aside, most current workers in Tron Foundation were previous workers of Alibaba.