October- 18, 2018 | AtoZMarkets
The Tron Foundation and Justin Sun have recently confirmed the partnership with the Chinese search engine Baidu.
Tron foundation announced the step in a tweet, saying:
“#TRON is joining forces with Internet service giant Baidu and will continue to work with large cloud service providers to offer blockchain solutions, make the technology more accessible for users and small business alike. End goal: mass adoption of #blockchain. $TRX”
The media reported earlier this week that Crypto Crimson explored at an earlier time how the partnership between Tron and Baidu might work.
“Tron will continue to work with large cloud service providers to offer blockchain solutions, make the technology more accessible for users and small business alike. End goal: mass adoption of #blockchain.”, said Crypto Crimson in a tweet.
Blockchain As A Service
Market analysts interpreted the step as the Tron foundation and Baidu might be working to provide something known as Blockchain As A Service (BaaS), which allows the customers to leverage cloud-based solutions to build, host and use their own blockchain applications, smart contracts and functions.
Reports informed previously that Baidu was confirmed as Tron’s newest partner to pursue bringing blockchain services to businesses and developers.
Observers read that the only possible way for both companies to accomplish this, is through BaaS.
Similarly, the retailing giant Amazon has been offering BaaS for quite some time now through its Amazon Web Services (AWS). Amazon’z recent partnership with Qtum promises to make blockchain services easier and efficient for clients of both firms.