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Tron to hand out three million USD in charity; Sun to speak at UNCTAD event

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In a bid to back the use of blockchain for global good, Tron, which is one of the most decentralized platforms in the market – has donated $3 million to BCF (Blockchain Charity Foundation). Tron’s pledge came a month later after the BCF stated its intents to partner and donate to the United Nations Development Program (UNDP).

The partnership between UNDP and BCF will help to foster the use of blockchain apps for social and economic good. Tron, through its CEO Justin Sun, has pledged to be pivotal in the campaign for blockchain apps for social wellness. The blockchain project has also stated that it will back this goal to leverage blockchain for the charity program.

The blockchain tech is transparent, traceable, and can get used for efficient charity programs. However, a Medium post stated that BCF (a charity Foundation by Binance) trusts that incorporating blockchain technology into charitable programs will produce a system of trust and dependability.

Nonetheless, it is necessary to take note that when BCF began, it saw a charitable system capable of fraud and misuse of charity funds; at the launch time, Binance stated:

We’re taking this opportunity to turn BCF vision into reality: Binance is building a fully transparent donation platform that enables traceable and flexible multi-currency donations recorded on the blockchain.”

It is also vital to know that Tron is poised to be forefront in the charity industry as its CEO said,

As a Super Representative, I am fortunate enough to have earned the trust of the community. I believe it is my responsibility to lead the movement in applying blockchain technology to improve people’s livelihoods around the world. I will dedicate the resources I have gained from co-governing the network to causes that will benefit and empower society. I hope my actions will inspire more people to tap into the great potential of blockchain technology to truly make a positive impact.”

Mr. Sun-led blockchain project is seeking to get the solution to power blockchain technology around the world and has told the community to join the movement that will take this technology onto another level in a few years to come.

With its existing collaboration and the upcoming ones, Tron is assertive that it would change the charity field; foster the current structure, and encourage more people worldwide. Undoubtedly, the company’s notable donation and support will go a long way in empowering the society and make a good impact in their lives.

Also in the bid to encourage the charity field in the blockchain world, Binance has pledged 100% of its listing fees to the newly formed wing: BCF (Blockchain Charity Foundation).

Subsequently, it has been reported that Tron’s CEO and BCF will be present at the World Investment Forum, which is held by the UN (United Nations) Conference on Trade and Development (UNCTAD) this week, specifically on Oct. 24th.

The Forum will solely talk on how blockchain will help sustain the Social Development Goals (SDGs). If you live anywhere near to Palais des Nations, you can listen to Justin Sun’s speech there.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of HeatherPaque/Pixabay

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Warren Buffett and TRON’s Justin Sun Finally Meet for Charity Lunch

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The creator and CEO of a cryptocurrency/decentralised project TRON, Justin Sun, has finally managed to meet with Warren Buffett over a charity lunch. The billionaire and chairman of Berkshire Hathaway has been in constant negotiations with Sun over a possible lunch but the two executives were constantly busy, which has resulted in numerous postponements.

According to Cointelegraph, the two of them decided to meet on January 23 in Nebraska. They were attending a private country club there, but it seems that they weren’t the only ones who made it to the gathering. Some of the other guests who joined Sun and Buffett were Charlie Lee, the founder of Litecoin Foundation, Chris Lee, the CFO of Huobi, Helen Hai, the head of Binance Charity Foundation, and Yoni Assia, the CEO of eToro. 

Sun was rather excited about the event, claiming that it was ‘really an honor’ to meet Warren Buffett in person. Moreover, Sun stated that he was grateful for Buffett’s vision, wisdom, and dinner. Finally, he said he would always remember pieces of advice Buffett provided him with when it comes to making a better ecosystem for Tron and doing business with partners in the world of blockchain.

Why Was This Luncheon Organised in the First Place?

Those who are not from the crypto…

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Should You Invest in TRON in 2020?

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Although the idea of using cryptocurrencies and incorporating them into the modern world is not that new anymore, some people still don’t have a clue about the many options cryptocurrencies offer. The majority of people probably know about Bitcoin, but there are many other cryptos that have evolved in recent years. One of them is TRON, founded in 2017 by Justin Sun, who managed to make it quite famous in one year’s time.

If you are only getting started with Tron, you probably don’t know much about this promising cryptocurrency. That’s why we have done some digging for you and found all the predictions for TRON in 2020. 

In this text, we will list all the facts brought up by cryptocurrency experts, so that you can see for yourself if TRON is something you would like to invest in.

Advantages

Let’s start with the positive aspects of TRON. There are several good things that indicate how successful this cryptocurrency could be in the future, as well as how much its users could benefit from it.

Great Team

As mentioned before, TRON was founded by Justin Sun, one of the most talented young people who got listed in the Forbes ‘30 Under 30’ section. Continue Reading

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5 reasons why you should use a brokerage exchange service to buy and convert cryptocurrencies

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It is considered that the best place to buy cryptocurrencies exchanges. But this is a mistake. Let’s think about why we don’t buy fiat currencies on stock and currency exchanges or on the interbank market. Because it takes a lot of time, you need to have quite large amounts, and trading licenses are also a problem.

The situation is similar in the cryptocurrency market. Exchanges require a lengthy KYC verification process. the process of withdrawing funds through a merchant can take up to 5 banking days. It should also be remembered that before withdrawing funds, you must conduct trading operations. 

What are the advantages of the brokerage service 365Cash.co?

You don’t need to go through a lengthy KYC verification process. This is a crucial aspect for those who worry about their anonymity. 

Low limits and fast execution of the exchange order. If you need a small amount quickly – 365Cash.co is the best choice.

The ability to use payment systems like Perfect Money, Payeer, AdvCash to buy cryptocurrencies at the market rate. Exchanges do not provide this opportunity.

Low commission. We do not charge customers a fixed fee for the exchange. We work at the market rate and are completely dependent on the spread.

Quick…

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