After TRON announced a collaboration with Baidu in the cloud computing space, another notable partnership may be on the horizon. Software giant Oracle recently visited TRON’s headquarters in San Francisco.
The TRON ecosystem continues to expand and develop, even though cryptocurrency prices have been trading sideways in recent weeks. The TRON Foundation hosted Oracle — the world’s fourth-largest software company by annual revenue — at its San Francisco headquarters.
Oracle #blockchain team visited #TRON Foundation HQ in SF.
Diving deep on #SmartContracts #Tokenization and partnership opportunities. #TRON to the future. ????#TRX $TRX https://t.co/Hq3Y4IETlW— Justin Sun (@justinsuntron) October 20, 2018
In July, Oracle announced the launch of its own blockchain cloud service designed to provide businesses with an all-in-one solution for simpler blockchain deployment. The offering aims to spare companies the complexity of building and maintaining the necessary infrastructure.
The meeting focused on exploring potential synergies to enable and improve asset tokenization on the blockchain and the use of smart contracts. Justin Sun suggested a possible future collaboration, though there has been no official confirmation of any formal agreement. Still, the visit is a positive indicator that TRON may attract another major technology partner.
TRON is already collaborating with search giant Baidu. That partnership explores cloud-computing cooperation and potential blockchain applications. The joint aim is to offer “Blockchain-as-a-Service” packaged as a consolidated offering for businesses of all sizes.
The price of TRON did not react strongly to the news; over the past 24 hours it registered a slight decline of 0.68 percent, trading at €0.0209.