Baofeng, a China-based company engaged in the development and sales of network hardware and software, is providing Internet users with audio and video playing solutions, and it has more than 200 million users as a veritable video portal giant.
On January 10, TRON has made an announcement about signing Blockchain Consensus Network with Baofeng company, in order to launch of full nodes in the blockchain network, to integrate blockchain with online entertainment industry, to build open source community of blockchain and then, to open a "new era of blockchain-based online entertainment".
We #TRON are proud to announce the partnership with Baofeng group. Baofeng, aka Chinese @netflix, boasts more than 200 million users as a video portal giant and has achieved 8 billion CNY listing in Shenzhen stock exchange (300431.SZ). https://t.co/f9MJZcmSDD #TRX $trx pic.twitter.com/jZJF32mmvi
— Justin Sun (@justinsuntron) 10 января 2018 г.
TRON plans to utilize hardware devices produced by Baofeng, and Baofeng is expected to run the full nodes of the TRON’s main chain.
Baofeng Group is one of the best Internet companies and a prominent public company in China. This cooperation reflects Baofeng’s clear understanding of the Internet’s future and its high recognition of TRON project and team.
Previously, we have reported that TRON and Game.com announced partnership in order to create a game platform based on blockchain which will be available for TRX holders on January 22.
At the moment of press, these are the main market parameters of TRON:
- Average Price: $0,113760
- Market Cap: $7 479 514 376
- 24h Volume: $1 535 940 000