09/12/2022
What Is TRON?
TRON is a blockchain-based operating system and decentralized application (dapp) platform. Founded by a non-profit Singapore-based foundation, the Tron Foundation, the project team initially sought to tackle the global entertainment industry – currently valued at $1 trillion. However, they’ve expanded their vision greatly, tackling the entire dapps market.
According to its initial whitepaper, “TRON’s team members are followers of Sir Tim Berners-Lee, who are convinced that protocol, from the moment of its invention, is an asset for human beings, rather than a profit-making tool for small groups.” Tim Berners-Lee is the founder of the World Wide Web.
TRON’s open, decentralized platform and distributed storage technology allows creators of digital content to cut out middlemen such as the Apple Store and Google Play Store. Content producers are thus able to obtain funds directly from consumers.
Currently, a lot of user data and traffic is controlled by a few corporations like Google, Facebook, and Amazon. TRON attempts to mitigate this control by placing ownership of the data back into the creator’s hands.
