Business Daily Media

TRON Founder Justin Sun Shares His Optimism About Blockchain's Future with the Milken Institute

GENEVA, SWITZERLAND - Media OutReach - 15 September 2022 - Justin Sun, founder of TRON, published an article titled "The Future of the Blockchain Industry Is Undoubtedly Bright" on the website of the Milken Institute recently.

"As an emerging and disruptive technology, the crypto industry has been and will continue to stumble as it grows," Sun says in the article. However, "winter inevitably gives way to spring", he adds, "the future of the blockchain industry is undoubtedly bright."

TRONDAO-image.png

Sun first points out, "in recent years, blockchain has witnessed a leap of faith in adoption amongst mainstream organizations, financial institutions, and developers alike. According to statistics from CoinMarketCap, almost four new cryptocurrencies are created every day, and the NFT market has exploded by over 20x since 2020."

Sun further discusses the future of the blockchain: "Nevertheless, the blockchain industry's promise extends beyond its technological breakthroughs. It has the potential to fundamentally transform how we operate as a society in the future; one example is the revolutionary premise of Web3." He believes that the adoption and development of Web3 may "usher in the decentralized autonomous organization (DAO) as a new form of global organization".

Sun takes TRONDAO as a case in point: "TRONDAO, one of the most active blockchain platforms, has already transformed into the largest global crypto DAO in less than one year since its origin."

"I'm proud of the people: the thinkers, the developers, the users, and the supporters of the TRON DAO ecosystem all around the globe," Sun writes.

Justin Sun has reportedly been invited to participate in the 2022 Milken Institute Asia Summit on September 29. He is expected to have a conversation with Curtis S. Chin, Chair of the Asia Center, about issues including crypto technology and the digital economy.

The Milken Institute is a non-partisan, non-profit economic and policy think tank. Its Milken Institute Asia Summit is an annual event that brings together CEOs, senior government officials, and senior financial executives around the world to discuss feasible solutions to various challenges. Scheduled to be held on September 28-30, 2022, in Singapore, the ninth Summit sets its theme as "The World Transformed". Previously, Justin Sun attended the eighth Asian Summit in 2021 as a panel speaker in the "Crypto's Continuing Chronicles'' session.

The full text is as follows:
https://milkeninstitute.org/article/blockchain-future-bright

Hashtag: #TRONDAO

The issuer is solely responsible for the content of this announcement.

News from Asia

ONYX Hospitality Group Accelerates Shama Brand Expansion Across Southeast Asia

Anchored by key properties in Hong Kong, China, and Malaysia, Shama showcases its strength in prime locations, with ambitions to become a world-class serviced apartment brand. BANGKOK, THAILAND - ...

Quality HealthCare Introduces New ‘Quality HealthCare Nursing Agency’ Mobile App to Empower Self-Employed Nurses and Carers with Easy Access to Job Opportunities

New digital app allows for a more streamlined nurse sourcing and placement service, enhancing employment flexibility and addressing emergency staffing shortages HONG KONG SAR - Media OutReach News...

ICONSIAM Announces the "Amazing Thailand Countdown 2025"

Headlining Lisa, the Global Iconic Artist to Celebrate with Thais BANGKOK, THAILAND - Media OutReach Newswire - 30 October 2024 - ICONSIAM is set to create the most extraordinary countdown celebra...

Phuket Marriott Resort & Spa, Merlin Beach Celebrates Big Win as Family Resort of the Year at TDM Travel Trade Excellence Awards 2024 – Thailand

PHUKET, THAILAND - Media OutReach Newswire - 30 October 2024 - Phuket Marriott Resort & Spa, Merlin Beach, proudly secured the Family Resort of the Year award at the prestigio...

YF Life Shines at Hong Kong FinTech Week 2024

Exchange views with industry leaders on the evolution of FinTech HONG KONG SAR - Media OutReach Newswire - 30 October 2024 - The main conference & expo of the Hong Kong FinTech Week 2024, one ...

Mengniu Partners with Alliance for Water Stewardship to Promote Water Conservation Initiatives across the Global Dairy Industry

HONG KONG SAR - Media OutReach Newswire - 30 October 2024 - China Mengniu Dairy Company Limited and its subsidiaries (together as "Mengniu", the "Company" or the "Group") (Stock Code: 2319) has si...

SIBUR to use green energy to reduce carbon footprint of production

MOSCOW, RUSSIA - Media OutReach Newswire - 31 October 2024 - SIBUR, Russia's largest producer of polymers and rubber, has agreed to purchase additional electricity from renewable sources to reduce...

Unlimit and SHOPLINE partner to drive Chinese merchants' global expansion

The partnership will support the global growth of Chinese brands by enhancing the cross-border payment solutions available to merchants. LONDON, UNITED KINGDOM - Media OutReach Newswire - 31 Octob...

Give the Gift of Security this Holiday Season with Arlo

Exciting promotions across Arlo’s award-winning lineup of home security solutions SINGAPORE - Media OutReach Newswire - 31 October 2024 - This holiday season, share the gift of security with your...

MIPIM Asia Awards 2024 winners revealed

35 remarkable projects across Asia Pacific recognised HONG KONG SAR - Media OutReach Newswire - 31 October 2024 - The MIPIM Asia 2024 Awards, widely regarded as the most prestigious honors recogni...

Former Etihad boss brings substantial event insight to PMY Group Board

Paul Sergeant PMY Group, the architects of the digital insurgency occurring at major venues across Australia and New Zealand, are delighted to ...

Business Training

What To Consider When Choosing A Commercial Office Space

Choosing an office space for your business takes time and should be conducted carefully. A rushed decision can have long-term implications, especial...

Property

What Is A Level 2 Electrician And When To Engage One

Do you know when to hire a level 2 electrician? Knowing the qualifications of an electrician, and when one is needed, can be daunting for those wi...

Property

9 Reasons To Hire An SEO Agency in Sydney

Businesses across Sydney are now quickly coming out of lockdown. With 2022 just around the corner, it’s important that businesses adapt to the new...

Business Training

Brisbane Apartment and Unit Investment Still Lackluster

In the midst of the Brisbane boom, where houses and townhouses are snapped up minutes after hitting the market, at record sale prices, apartments ...

Property

Perth Shines Brightly as Property Hotspot Amid Western Australia's Economic Boom

Perth's property market is riding an unprecedented wave, fueled by robust economic growth, surging population numbers, and an exceptionally tight re...

Property