Justin Sun, the founder and CEO of Tron, announced today at the Samsung Developer Conference its partnership with South Korea’s telecom giant, Samsung.
During his speech, Sun revealed that Tron had been integrated into the Samsung Blockchain Keystore (SDK), the software development kit of the telecom giant. The integration would allow coders to access the Tron network and build their projects using their Samsung devices.
Aside from getting wallet support, industry analysts are wondering how the collaboration between the two companies would further benefit the users of TRX token. Notably, prior to speaking at the conference, Sun attempted to excite the community by tweeting about Tron’s partnership with a multi-billion corporation. He also emphasized in his post that the collaboration would lead to a massive distribution of the network’s decentralized applications (DApps) and tokens.
#TRON will partner with a hundred billion USD megacorporation next week. It will not only benefit $TRX but all TRC10&20 tokens including $BTT & $WIN etc. It will broadly distribute #TRON Dapps and tokens to billions of customers. TBA. Make a guess?— Justin Sun (@justinsuntron) October 25, 2019
As estimated by the Pew Research Center, a non-partisan American think tank, there are 5 billion people who are using mobile devices, in which half are smartphones. Of this estimation, the research firm reported that around 1 billion are using Samsung devices, which means there is an enormous number of users that could access Samsung’s SDK.
According to Sun, the users of Samsung devices would be allowed to access the Blockchain data of the Tron network as well. This development would purportedly allow DApp developers to build products that are specifically geared towards Samsung users that do not depend on third-party wallets. With more time to focus on the project they are working on, Sun emphasized that the end-users’ experience would be significantly enhanced as well.
At the end of his speech, the CEO of Tron described that the partnership with Samsung is another “milestone” for the network.
Previously, the China Center for Information Industry Development (CCID), reported that Tron had successfully surpassed Ether (ETH), the cryptocurrency that has long been ranked as the second leading cryptocurrencies in the Chinese market.
Following Sun’s announcement, coupled with the provocative encouragement from the Chinese president, Xi Jinping, TRX had recorded a 25% increase against the US dollar.