The Times Australia
News From Asia

.

TRON Founder Justin Sun Gives a Speech at BWB 2022: Blockchain Is the Foundation for Future Digital Cities

GENEVA, SWITZERLAND - Media OutReach - 27 October 2022 - On October 27, TRON founder Justin Sun virtually attended Blockchain Week in Busan 2022, or BWB 2022, and gave a speech themed "The Cities of Tomorrow".

"Blocks will build the foundation for future digital cities, and the economy will be decentralized and digital in the future," said he, "With over 117 million users, TRON is pioneering the decentralized future economy and will further unleash the potential of digital economy by devising and taking more decentralized measures such as dApps. We hope to build thriving digital cities in this way."

Justin-Sun-1-.jpeg

Sun proceeded to comment that the mass adoption of blockchain technology and cryptocurrency will effectively facilitate the development of digital cities and offer innovative solutions to concerns troubling cities today, such as cybersecurity threats, inefficient technology, inadequate energy, infrastructure maintenance, affordable housing, and accessible education.

"Mass adoption is upon us. This event’s host, Busan of South Korea, is leading the way. They aim to boost their economy with the integration of cryptocurrencies, enhance their governmental systems with blockchain technology, and secure their digital future with Metaverse development."

As a representative from the blockchain world, Sun has been committed to contributing to global sustainable development with blockchain technology. He emphasized in his speech the future trend of a compliant, inclusive, and green digital world, and his TRON, one of the top three public chains in the world, has been striving for such a vision and made tangible progress.

TRON and its cryptos have achieved compliance in multiple countries. Its VanEck TRON ETN (VTRX) was listed on Deutsche Börse's digital platform Xetra and subsequently accepted by 14 European countries, including the UK and the Netherlands, for trading. Moreover, TRON was recently appointed the Caribbean island country Domonica's designated national blockchain infrastructure. The seven cryptos under TRON were granted legal tender status and became the country's authorized digital currency.

TRON also engages in international multilateral cooperation, where it joins hands with top-notch platforms and institutions for better industry development and inclusive finance across the globe. In the meantime, Sun has been promoting, by leveraging his position as the Ambassador and Permanent Representative of Grenada to the WTO, the utilization of blockchain technologies in international trade. As of now, TRON's native token TRX has been circulating on exchanges and platforms in Europe, North America, and Asia, reaching industries and users across the globe by enhancing its international presence and compliance.

TRON's endeavor in ecological conservation is acknowledged by the world-renowned Crypto Carbon Ratings Institute (CCRI), which has rated it as one of the most eco-friendly blockchains. As per CCRI, TRON's DPoS consensus algorithm helps the platform to reduce its carbon footprint, and its yearly energy consumption is 99.9% less than the power consumed by Bitcoin.

Sun is convinced that sustainable development is irresistible and will ultimately prevail in the global society and that blockchains will underpin a better and more efficient world.

On top of that, Justin Sun, as a member of the Global Advisory Board of Huobi Global, delivered opening remarks via video for BWB 2022's Huobi session. "Even though the market has been bearish for crypto this year, blockchain technology still holds great possibilities," Sun stated in his speech, "Thanks to the hard work of crypto enthusiasts, the value of blockchain has been seen by more people in the past years, and the industry is destined for a brighter future." He also said South Korea is one of the most crypto-active countries and hoped that the unfolding BWB 2022 could engage more developers and innovative projects, making a difference in the blockchain world.

Picture-2.jpg

BWB 2022, sponsored by Huobi Global with other crypto organizations, is the first blockchain conference in South Korea that Huobi Global has attended since the acquisition. In mid-October, Sun was appointed as a member of the Global Advisory Board of Huobi Global and has since been working with his peers on industry development, academic research, and compliance to help guide and grow the organization. By enhancing cross-institutional collaboration, Huobi is poised to win the acknowledgment of more users with a better brand image and sharpened competitiveness, forging towards new milestones.

BWB 2022 was hosted by the Busan government and co-sponsored by Huobi, Binance, and FTX. The event was held from October 27 to 29 at the Busan Exhibition and Convention Center (BEXCO). Justin Sun, Changpeng Zhao (CZ), Sam Bankman-Fried, and other crypto leaders attended this event and discussed Blockchain, City and Life.

Hashtag: #TRONDAO

Times Magazine

Headless CMS in Digital Twins and 3D Product Experiences

Image by freepik As the metaverse becomes more advanced and accessible, it's clear that multiple sectors will use digital twins and 3D product experiences to visualize, connect, and streamline efforts better. A digital twin is a virtual replica of ...

The Decline of Hyper-Casual: How Mid-Core Mobile Games Took Over in 2025

In recent years, the mobile gaming landscape has undergone a significant transformation, with mid-core mobile games emerging as the dominant force in app stores by 2025. This shift is underpinned by changing user habits and evolving monetization tr...

Understanding ITIL 4 and PRINCE2 Project Management Synergy

Key Highlights ITIL 4 focuses on IT service management, emphasising continual improvement and value creation through modern digital transformation approaches. PRINCE2 project management supports systematic planning and execution of projects wit...

What AI Adoption Means for the Future of Workplace Risk Management

Image by freepik As industrial operations become more complex and fast-paced, the risks faced by workers and employers alike continue to grow. Traditional safety models—reliant on manual oversight, reactive investigations, and standardised checklist...

From Beach Bops to Alpine Anthems: Your Sonos Survival Guide for a Long Weekend Escape

Alright, fellow adventurers and relaxation enthusiasts! So, you've packed your bags, charged your devices, and mentally prepared for that glorious King's Birthday long weekend. But hold on, are you really ready? Because a true long weekend warrior kn...

Effective Commercial Pest Control Solutions for a Safer Workplace

Keeping a workplace clean, safe, and free from pests is essential for maintaining productivity, protecting employee health, and upholding a company's reputation. Pests pose health risks, can cause structural damage, and can lead to serious legal an...

The Times Features

Duke of Dural to Get Rooftop Bar as New Owners Invest in Venue Upgrade

The Duke of Dural, in Sydney’s north-west, is set for a major uplift under new ownership, following its acquisition by hospitality group Good Beer Company this week. Led by resp...

Prefab’s Second Life: Why Australia’s Backyard Boom Needs a Circular Makeover

The humble granny flat is being reimagined not just as a fix for housing shortages, but as a cornerstone of circular, factory-built architecture. But are our systems ready to s...

Melbourne’s Burglary Boom: Break-Ins Surge Nearly 25%

Victorian homeowners are being warned to act now, as rising break-ins and falling arrest rates paint a worrying picture for suburban safety. Melbourne residents are facing an ...

Exploring the Curriculum at a Modern Junior School in Melbourne

Key Highlights The curriculum at junior schools emphasises whole-person development, catering to children’s physical, emotional, and intellectual needs. It ensures early year...

Distressed by all the bad news? Here’s how to stay informed but still look after yourself

If you’re feeling like the news is particularly bad at the moment, you’re not alone. But many of us can’t look away – and don’t want to. Engaging with news can help us make ...

The Role of Your GP in Creating a Chronic Disease Management Plan That Works

Living with a long-term condition, whether that is diabetes, asthma, arthritis or heart disease, means making hundreds of small decisions every day. You plan your diet against m...