Tron TRX foundation acquires blockchain.org to further its goal of a decentralized web. The new acquisition was made known through a release on the tron.live blog. The main reason of its acquisition as stated was for a one-stop data place, serving as a search engine, data analysis, and project evaluation information search, as the firm continues its quest of promoting cryptocurrency and the blockchain.
Tron Acquisition of Blockchain.org
TRON is an ambitious project dedicated to building the infrastructure for a genuinely decentralized Internet. According to the CEO of Tron foundation, Justin Sun, he mentioned that,
“Blockchain.org will become a one-stop aggregated data and a search engine platform, even as he encourage others also to participate in building a platform to help the growth of blockchain.”
Blockchain.org will obtain information and process it to have an aggregated data and a search engine platform. This platform will get to give the community accurate knowledge of the blockchain field, data analysis of the present and the future market conditions and help the course of blockchain tech in general.
Blockchain.org will be using three essential tools to build the platform to make it a one-stop aggregated data and platform. The tools are The Three Vs, which are Volume, Velocity, and Variety.
The volume deals with the usage of information collected from different platforms, the social media, internet and other search engines, processing them to obtain the goal of establishing blockchain.org.
The velocity deal with the speed of analysis of data obtained from the social media and search engines to give the latest and accurate update on the blockchain.org.
The variety stands for the different format of the information that the platform will collect and analyze. The data will be in the form of texts, images, pdfs, videos, and lots more. Different format of information will be obtained and processed to give the blockchain.org the best information, as it furthers the course of the blockchain in the ecosystem.
As Tron TRX furthers the course of building the infrastructure for a genuinely decentralized Internet, this new project will also be promoting the integration of Tron Virtual Machine (TVM) and BitTorrent as the Tron achieve the vision for the blockchain ecosystem.