TRON and Obike partner to launch sharing bike app

TRON project announced partnership with Obike bicycle system which will launch sharing bike application and Ocoin based on TRON
25 December 2017   1357

Justin Sun, the founder of TRON, a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology, has announced partnership with Obike on December 24.

Obike is Singapore's first homegrown stationless bicycle-sharing system with operations in several countries. The bikes have a built-in Bluetooth lock and can be left anywhere at the end of a journey, not just at a docking station.

As Justin Sun stated in his twitter account, Obike is one of the largest sharing economy companies active in 20 countries across Europe, Asia and Australia with 10 million users, and Obike is going to launch sharing bike application and Ocoin based on the network of TRON.

Moreover, with this partnership, TRON network will have 40 million users when it is on live, including Peiwo 10 million, Gifto live 20 million and Obike 10 million.

At the moment of press, these are the main market parameters of TRON:

  • Average Price: $0,03
  • Market Cap: $2 461 822 721
  • 24h Volume: $230 144 000

Previously, we have reported that TRON price surged due to smart contract and open source release, and 4 days ago TRON gained over 200% in a week.

Japanese 'Money Forward' to Launch Crypto Exchange

Money Forward Financial is going to launch a media crypto platform this summer, and afterwards - a digital assets exchange
24 May 2018   63

The operator of the popular application for personal finance management Money Forward Inc intends to launch a cryptocurrency exchange this year, BC Focus reports.

Japanese fintech-company has been working in this direction since December last year. To implement the plans, the company has already registered a subsidiary division called Money Forward Financial.

Money Forward Financial is going to launch a media cryptocurrency platform, and afterwards - a digital assets exchange. In the future, the company plans to create a number of more advanced solutions for working with crypto-currencies, including automated payment systems and various analytical tools.

Currently, the customer base of the company has about 5 million users. The cloud application of Money Forward Inc for tax accounting and financial management is used by 500,000 Japanese companies and 2,400 accounting firms.

Big Japanese financial institutions are making steps to cryptocurrency business. Mitsubishi UFJ Financial Group (MUFG), world's 5th biggest bank has announced plans to introduce own cryptocurrency by 2019.