The decentralised blockchain-based social media platform, Steemit announced at the end of last week that it will be partnering up with the Tron decentralised platform. The two companies will start working together in order to solidify Steemit and it’s decentralised applications with the blockchain with Tron.
#TRON and @steemit will create further value for users and augment their advancements in #decentralized technologies.
This partnership further empowers @Tronfoundation’s title as the #blockchain industry’s leader in distributed LEDGER technology.https://t.co/pHHXrEHA9m
— Justin Sun (@justinsuntron) February 14, 2020
The official release revealed that the two firms are set to use both of their services and products to help users. The Tron Foundation is bringing on board more than 20 million users to access services and products which are being offered by Steemit.
However, on the other hand, Steemit is going to be bringing in more than 1 million users into the community. This is, of course, a massive difference however, the two bodies will be offering different services to the users in question. This partnership will result in a strategic alliance between both Steemit and Tron.
As it is a social media-based website, Steemit rewards its users with the STEEM cryptocurrency for making content published on the website.
It will be interesting to see how this plays out. For more news on this and other crypto updates, keep it with CryptoDaily!
