Cryptocurrencies

TRON DAO Is Now a Member of the Enterprise Ethereum Alliance

Published by
Written By: Michael Abadha
Share
    Summary:
  • TRON DAO has joined EEA in a move that aims to strengthen its ecosystem. We discuss the relevance of the move to users.

TRON DAO, a community-run DAO focusing on promoting the democratization of the internet through the use of blockchain technology and dApps, has just joined the Enterprise Ethereum Alliance (EEA). The EEA opens the door for businesses to integrate Ethereum into their routine procedures. It facilitates the growth of the Ethereum ecosystem by facilitating the introduction of business opportunities, the acceleration of industry adoption, and the development of new learning and working partnerships.

How does joining EEA look on TRON DAO?

TRON DAO is helping to accelerate the worldwide adoption of Web3 by providing innovative and helpful solutions to the problems faced by developers and end users alike. Commercial leaders, technologists, and industry experts from around the world meet under EEA to discuss and learn about the newest business standard applications, real-world use cases, and technological developments in the Ethereum ecosystem.

The EEA was established in 2017, and since then, it has been a major influence in getting established companies and organizations to adopt blockchain technology. The consortium’s goal is to develop, promote, and support a reference architecture for the Ethereum blockchain that is up to the task of supporting its practical applications and usage.

To encourage more professionals to join the Ethereum network, EEA has created an educational primer tailored to those with less technical backgrounds. TRON DAO, on the other hand, is fostering widespread Web3 use through the development of cutting-edge tools and services for developers and end users.

Thus, the DAO’s decision to join the alliance will likely aid in the development of better synergy within the TRON and Ethereum ecosystems. According to TRONSCAN data from December 2022, there are over 130 million TRON DAO blockchain accounts, over more than $9.3 billion in total value locked (TVL). Additionally, the largest quantity of the USDT stablecoin in circulation is hosted on the TRON network.

This post was last modified on Dec 28, 2022, 12:21 GMT 12:21

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha