Google AI
The Times Australia
News From Asia

.

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.

Times Magazine

The Voltx Topband V1200 Portable Power Station Review

When we received a Voltx Topband V1200 portable power station for review, a staff member at The Time...

Is E10 fuel bad for my car? And could it save me money?

Fuel has become a precious, and increasingly expensive, commodity. The ongoing Middle East co...

Efficient Water Carts for Dust Control

Managing dust effectively is a critical challenge across numerous industries in Australia. From sp...

How new rules could stop AI scrapers destroying the internet

Australians are among the most anxious in the world[1] about artificial intelligence (AI). This...

Why Car Enthusiasts Are Turning to Container Shipping for Interstate Moves

Moving across the country requires careful planning and plenty of patience. The scale of domestic ...

What to know if you’re considering an EV

Soaring petrol prices are once again making many Australians think seriously[1] about switching ...

The Times Features

As the Iran war disrupts supplies, will it affect access to medicines?

As the conflict in the Middle East disrupts fuel, shipping and food supplies, many are starting ...

Finding the Right Disability Housing in Perth: A Practical Guide for Participants and Families

Where you live shapes everything. It shapes the relationships you build, the community you belong ...

Housing construction costs are already rising, increasing risks of builders going bust

For Australia’s building industry, higher fuel costs since the start of the Middle East war have...

Shou Sugi Ban: The Ancient Japanese Timber Technique Transforming Australian Architecture

There is something quietly extraordinary about a building material that has been refined over cent...

The Complete Guide to LED Installation: What Homeowners and Business Owners Need to Know

Electricity bills in Australia are among the highest in the developed world, and lighting accounts...

I’m close to retirement age. What are my options for drawing on my super savings?

Retiring well means making a series of decisions to ensure a financially secure post-work life. ...

Samsung expands B2B Mobile eXperience distribution with Ingram Micro Australia

The channel diversification reinforcers the Australian B2B division’s positive trajectory SYDNE...

Focusing on how and why you eat – not just what – may be the key to healthy eating

When most people think about “healthy eating”, they usually focus on what they eat. That might...

HARRY POTTER™: THE EXHIBITION TICKETS NOW ON SALE!

An Enchanting Exhibition Celebrating the world of Harry Potter Opens in SYDNEY on 14 MAY Get r...