Tron meets with Oracle, explores cooperation with the fourth largest software company in the world

Tron meets with Oracle, explores collaboration with the world's fourth largest software company.

The Tron Foundation met with Oracle at Tron headquarters in San Francisco to explore potential partnership opportunities.

Founded in 1977, Oracle is the fourth largest software maker by revenue. The company has established itself as a technical leader specializing in database management systems and software, cloud engineering systems and corporate software products.

In July, the company announced its own stand-alone block service, offering a corporate-level business solution that makes it easy to deploy blockchain systems without having to build your own service from scratch.

On Friday, the meeting focused on how Oracle can expand its goal of tokenization of assets in a blockchain, and also use intelligent contracts in business transactions for its customers.

Tron also announced that they will work with Baidu, China's largest Internet search provider.

The relationship between the two firms focuses on enabling companies to create, process and debug blockchain products using Baidu’s core cloud computing resources.

Since Tron is positioning itself with major players, it continues to build on the recent launch of Tron Virtual Machine, a global payment system, the release of a block-chain video game and the acquisition of BitTorrent for $ 100 million.

TRX transactions in the network grew, soaring from 170 344 on October 15 to 593 029 on October 19.