Sources suggest Justin Sun’s big partnership of Tron (TRX) with Baidu is of buying Basic Cloud Computing

On 12th October, Justin Sun, the founder of Tron (TRX), announced that they have partnered with a company worth tens of billions of dollars. The news of partnership immediately propelled Tron’s price by 9%. As covered by Blockmanity, the potential partner was China’s search engine giant is Baidu.

Now cryptocurrency news site Planet Daily reports that the partnership between China’s largest Internet search provider Baidu and Tron (TRX) is not a big deal. The deal is basically of buying cloud computing resources and nothing to do with Blockchain yet.

They further add that Baidu Cloud and Wave Field Tron have reached cooperation in the cloud business with Tron helping build, operate and debug blockchain products based on Baidu Cloud in order to ensure compatibility and an optimize the development experience. They reported that the two parties have not yet made an announcement on the connection at the blockchain business level. Currently, the cooperation primarily focuses on the purchase and use of (Baidu’s)basic cloud computing resources.

Along with that, Baidu Cloud Blockchain has revealed plans to release the Blockchain Commercialisation Super Partner Program 1.0, which will explore technology and revenue sharing with commercial ” superpartners ” to build a blockchain ecosystem that is mutually beneficial.

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