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Why Is Alibaba Not Partnering With TRON (TRX)?

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Alibaba not partnering with Tron
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TRON (TRX) has been among the most active crypto projects this year. It achieved a lot, from numerous exchange listings, to launch of its MainNet, and later its TRON Virtual Machine, to the purchase of BitTorrent and announcement of a new project called Project Atlas.

New partnership announcements never seem to stop for this crypto. Even so, however, its community continues to wait for one special announcement, which is TRON’s partnership with Alibaba. Still, no matter how patient the community has been so far, the announcement of this partnership simply isn’t coming. At this point, many have already given up, simply accepting that Alibaba is not partnering with TRON, period. But why?

Alibaba NOT partnering with TRON (TRX)

A few months back, when TRON’s MainNet launch was still a thing of the future, a rumor appeared that Alibaba will be the next big firm that will partner up with TRON. While Justin Sun, TRON’s creator, openly talked about his desire to partner up with Alibaba, it is not he who has started the rumor.

Still, the “news” quickly spread, and the rumor even made a lot of headlines at the time. Alibaba denied that it had such plans, but the entire crypto community believed that this is all just a way of keeping the partnership a surprise. Some believed that, even if Alibaba truly didn’t plan such partnership, it will certainly change its mind after TRON proves that it can live on its own blockchain, far from Ethereum’s support.

Soon enough, the MainNet launch came. It was successful, and it was a big deal for TRON. Token migration followed, as well as numerous other announcements, including new projects and partnerships. However, the Alibaba partnership was nowhere to be seen.

Nothing has changed

This is where many started to believe that the rumor is nothing but a false hope and that it will never come to pass. Alibaba not partnering with TRON, and that’s that. If we take a look at Alibaba’s opinion on cryptos, this is not really that surprising. The company’s own leader, Jack Ma, always viewed cryptos as a bubble. To this day, he remains convinced that this is true. Someone who has so little faith in the future of cryptocurrencies certainly wouldn’t be in a rush to partner up with one of them, right?

While a partnership between the two would certainly benefit both entities, it would seem that Alibaba is staying true to its belief. Even so, both the company and Jack Ma have shown increasing interest in the blockchain, even if they want nothing to do with cryptos.

Recently, news of Jack Ma stepping down started appearing as well. Even though he is to be replaced by a new leader, Alibaba’s current Chief Executive, Daniel Zhang, there is still no reason to believe that the new leadership will mean opening up to cryptos, including TRON.

It would seem that the partnership will, at least for now, remain only a rumor and wishful thinking. What will happen in the future is anyone’s guess, but until Alibaba starts viewing cryptos in a more positive light, nothing big is going to happen between the company and this industry.

Check out the new Global Coin Report YouTube channel as we address all the highlights in crypto and the financial markets. With guests from all over the cryptosphere bringing you news, editorial, and of course, money making opportunities.

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.

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Why BlocPal Is the Easiest Way to Accept Cryptocurrency

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The face of the retail industry is always changing.

E-commerce is one of the fastest growing trends worldwide, and for good reasons.

It’s convenient, secure, and is effective at connecting merchants with interested shoppers from across the world.

For this reason, it’s no surprise that online shipping is expected to overtake brick-and-mortar stores globally by 2021, making it the world’s largest medium for retail. As the industry changes, it’s important for retailers to keep up with the latest technology so they’re able to accommodate more customers at once. This is where BlocPal comes in.

BlocPal offers business owners an easier way to process payments

BlocPal understands that not every business owner adapts to technology at the same rate. As such, BlocPal has been designed to optimize transactions for both online and brick-and-mortar companies so that every retailer can enjoy the benefits that come with the world’s first true multi-currency payment solution.

With BlocPal, business owners can enjoy the following benefits:

    • The ability to process payments in fiat (USD and CAD) currency as well as Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin, and Ethereum. Expect more currencies to be added as BlocPal…
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Lite.IM Dethrones Facebook After Integrating Crypto Wallet With Popular Messaging Platforms

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Lite.IM
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With the crypto markets in turmoil, especially after news about a potential hack at Cryptopia, traders and investors need to turn their attention away from day trading.  Instead, crypto traders really need to think long-term and identify projects that are sure to win in the long-term.  In particular, one crypto company is making major headlines after winning an all-important technology battle against the mighty Facebook.  That company is Zulu Republic (ZTX).

Zulu Republic Develops Lite.IM

Zulu Republic is an ecosystem of blockchain tools and platforms, designed as a place where people, businesses, and organizations can thrive on their own terms.  And indeed, Zulu Republic has hit a grand slam with their development of Lite.IM.

Lite.IM is a crypto wallet that has been integrated with several of the most popular messaging platforms such as Facebook Messenger and Telegram.  In addition, users in the U.S. and Canada can also exchange and manage crypto balances through SMS.  Although not all cryptocurrencies are available, the team has selected four of the most popular currencies which include Litecoin (LTC), Ethereum (ETH), Bitcoin (BTC), and the native currency of Zulu Republic (ZTX).

Telegram and Facebook Messenger are extremely popular platforms.  But, potentially even more exciting news, is that the Lite.IM team plan to announce WhatsApp integration in the next 1-2 weeks.  There is a reason why Facebook acquired WhatsApp in 2014, for…

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Will 2019 be the Year of TRON (TRX)?

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Tron (TRX)
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While even the best years cannot help sustain bad cryptocurrency projects, the good and strong ones can do much even when years are extremely bad for crypto. TRON (TRX) has proven this in 2018 by being one of the most active and most popular projects around.

Throughout the previous year, TRON has been making great progress, setting foundations for growth and expansion, which may eventually lead to its dominance over the crypto market. Now, 2019 has barely even started, and it already promises to be a year filled with potential and all kinds of different possibilities for this coin.

TRON in 2018

2018 has started with a market crash that has brought a lot of coins down from their all-time highs. This is true for TRON as well, and it did not manage to avoid being affected by bear market, no matter what its developers did. However, instead of trying to fight the market and its trends, they focused on expansion, development, partnerships, and future projects.

The first big step for TRON was the launch of its MainNet, with dozens of listings and partnerships being announced right before the final launch. After that, the coin transferred its tokens from Ethereum’s network, it had a Super Representative election, and it even managed to purchase BitTorrent, which was a part of a secret project back then.

The project was quickly…

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