TRX Will Be Implemented In Italy And Spain’s Stores
In early August, Justin Sun, the Founder and CEO of the Tron Foundation, announced that his platform’s tokens – TRX – will be used in over 2000 stores in both Italy and Spain. Customers can use the payment machine, which features a voucher model. The customer purchases a voucher from a store accepting tokens. The vouchers can then be redeemed for cryptocurrencies.
The Foundation, originally cryptocurrency platform Bitnovo, trades the TRX tokens in Spain and Italy. The platform is also responsible for allowing users to trade in other cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
A few of the most popular market chains accepting TRX in Spain and Italy include FNAC, Game, and Carrefour. Further, the platform stated that it takes its security seriously and as a result, it has appointed a security team.
In addition to this recent development, the Foundation also launched the Tron Virtual Machine [TVM], which has certainly been beneficial for the company. The TVM is compatible with Ethereum Virtual Machine and developers can switch from Ethereum’s platform to Tron’s platform at a minimal cost. Sun also announced Project Atlas, which will enable 100s of million of BitTorrent users to be part of Tron’s system. This development is considered to be a major one for the community.
Finally, Tron received media recognition for the launch of the Tron Wallet, available on the Google Play store. The application is available for Android users.