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 linkdin-boxtwitter

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

Post Recommendents

India-based Kaizen AI set to influence the $1.36 trillion GCC realty sector

Author: Pankaj Singh

Kaizen AI, a prominent technology firm that uses AI to revolutionize large-scale building projects, is entering the lucrative GCC real estate sector, where the value of planned and under-construction projects is projec...


Microsoft expands partnership with Oracle to Deliver Oracle Database Services

Author: Pankaj Singh

Microsoft Corp. and Oracle Corp. have reportedly announced the availability of Oracle Database@Azure, which provides direct access to the Oracle database services operating on Oracle Cloud Infrastructure ...


Reliance Industries and NVIDIA join hands to advance AI in India

Author: Pankaj Singh

Indian billionaire Mukesh Ambani-owned Reliance Industries Ltd. has reportedly announced a partnership with U.S.-based chipmaker NVIDIA for advancing AI in India.

Apparently, Indi...