TRON foundation acquires its own blockchain app store CoinPlay
Date: 2019-03-30   Author: Saipriya Iyer  Category: #news

TRON foundation acquires its own blockchain app store CoinPlay

To ensure the blockchain enthusiasts get optimum user experience, TRON and CoinPlay are devising approaches to build core technologies that guarantee a secure ecosystem for obtaining DLT-based apps.

Tron organization, one of the largest networks in the world for developing and deploying decentralized applications (dApps), recently announced the acquisition of its first blockchain app store, CoinPlay. The company’s official blog further confirms that the acquisition was made as the team involved in handling crypto platform remains loyal to the firm’s mission statement of building infrastructure for a fully decentralized internet.

The blog also clarified how the app will play an instrumental role in satisfying the P2P technology-based web. It opines that CoinPlay intends to provide the most comprehensive, updated and suitable blockchain apps. It elaborates that these apps are difficult to obtain from current app stores and do not guarantee a safe download.

To ensure the blockchain enthusiasts get optimum user experience, TRON and CoinPlay are devising approaches to build core technologies that guarantee a secure ecosystem for obtaining DLT-based apps. The company’s management asserts that with its BitTorrent acquisition in 2018 with $140 million, it has succeeded in becoming the world’s biggest decentralized internet ecosystem.

According to reports, the firm’s recent CoinPlay acquisition has made the company’s management believe that it is in a spot to further assist in advancing blockchain community’s development.

As elaborated in the official announcement, CoinPlay is offering its end-users multiple blockchain and dApps which are available with a single click download. Moreover, the store also has gaming applications and practical master guides that assist the users to understand decentralized technologies in depth.

The blockchain app is said to include multiple features such as browser navigation, indices of the major bitcoin currencies, a built-in rating system that is etc.

According to the experts, the members of the CoinPlay team are currently working to develop a multi-currency and multi-platform network. It is being said that this network will offer real-time quotes as well as a multi-platform transaction volume on a per transaction price.

Moreover, the app users will get a direct access to utilize the advanced Github query features. CoinPlay also has other features like graphic tutorials for beginners, links for cryptocurrency projects and high-quality content under development.



About Author


Saipriya Iyer

Saipriya Iyer

Saipriya Iyer currently works as a content developer for AlgosOnline. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her belt, she has dabbled with website...

Read More

More from Saipriya


Post Recommendents

Tata Power to raise minimum Rs 4,000 cr through renewables InvIT
Author: Pankaj Singh

The company would also aim to reduce the debt level by selling non-core assets

Tata Power, the largest private power company in India, is keen on raising funds t...


Yiwu collaborates with Alibaba to boost digital transformation efforts
Author: Pankaj Singh

Yiwu, one of the most favored destinations in China amongst overseas traders, is reportedly in talks to explore new trade channels in alliance with domestic e-commerce giant Alibaba, in order to speed up the digital tr...


Boeing to relocate its space and launch headquarters to Florida
Author: Paroma Bhattacharya

  • The aircraft manufacturer aims to shift the entire space and launch division to Titusville, Florida.
  • The relocation is expected to complete by th...