In early August 2017, Justin Sun, the founder and CEO of the Tron Foundation, announced that his platform’s tokens TRX would be used in more than 2000 stores in both Italy and Spain. Users can use the payment machine, which has a voucher model. The purchases are done by the customer’s voucher from a store accepting tokens. The vouchers can then be cashed for cryptocurrencies.
The Foundation, originally cryptocurrency platform Bitnovo, trades the TRX tokens in Spain and Italy. The platform is also accountable for letting the customers trade in other cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
A few of the most common market chains accepting TRX in Spain and Italy include FNAC, Game, and Carrefour. Further, the platform stated that it takes its security seriously and as a result, it has appointed a security team.
In addition to this current development, the Foundation has also come up with Tron Virtual Machine [TVM], which has undoubtedly been helpful for the company. The Tron Virtual Machine is suitable with Ethereum Virtual Machine and designers can switch from Ethereum’s platform to Tron’s platform at a less cost. Sun also publicized Project Atlas, which will allow millions of BitTorrent users to be part of Tron’s system. This expansion is measured to be a main one for the community.
About TRON (TRX)
TRON (TRX), one of the largest growing tokens leading into 2018, took a flip after a Reddit post suspected that TRON founder, Justin Sun, has sold over 6 billion TRX over the past three weeks and at present TRX price seems to be rising and attracting new users every year.
As reported by AMB Crypto, Tron has received media recognition for the launch of the Tron Wallet, available on the Google Play store. The application is now accessible for Android users.
The post Justin Sun Confirms TRX tokens Now Used In Italy and Spain appeared first on OWLT Market.
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