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TRON CEO Interview: What does Sun Think About PBoC’s Own Cryptocurrency?

 
TRON CEO Interview: What does Sun Think About PBoC’s Own Cryptocurrency?
Breaking News / TRON
  • “I think if the DCPE is available like a currency similar to USDT and USDC”.
  • “That’s why we named our blockchain currency infrastructure after the movie because we believe that blockchain infrastructure is the first step”.
  • In case you missed our last article on the same interview, click here for a quick recap for the best bits.

U.Today had the chance to talk to Sun to get his opinion on recent events in China and to chat about TRON’s intriguing partnership with Samsung. 

In case you missed our last article on the same interview, click here for a quick recap for the best bits of Sun talking on Samsung and China’s blockchain adoption. 

Here are some more of the highlights.

The interviewer asked Sun about Huang Qifan, the Executive Vice President of the China Center for International Economic Exchanges, who has confirmed that the People's Bank of China plans to roll out its own cryptocurrency dubbed the Digital Currency Electronic Payment (DCEP). 

“I think if the DCPE is available like a currency similar to USDT and USDC, and is an open source and open API for all developers, then I believe that this will be great news for everyone. This will bring 1.4 billion people on board with the blockchain, giving them access to crypto assets and cryptocurrencies. That’s why we’re waiting for more demos and press briefings from the Central Bank of China so that we can understand what really DCEP is.”

In some interesting insight on the TRON firm, u.today asked Sun how they got the name TRON and whether it was based on the iconic film.

“TRON is one of the first movies in the world in which the plot is about the virtual world. That’s why we named our blockchain currency infrastructure after the movie because we believe that blockchain infrastructure is the first step towards a virtual world of the future.”

He continued:

“Since I think the whole industry has passed the crypto winter, I think near the end of 2020 and the beginning of 2021 will be the start of the bull market run.”

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

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