Blockchain technologies and cryptocurrencies made the headlines of the news portals in the last couple of years but especially after the massive uptrend that the crypto market, led by Bitcoin (BTC), experienced in 2017. But there’s still much work to do to make blockchain and cryptocurrencies as common as other day-by-day activities in the financial system, in particular. However, Justin Sun, Tron (TRX) founder, discussed using blockchain for social change in a recent interview with CCN.
The debate came after the news that Justin Sun donated about $3 million to the BCF (Binance Charity Foundation) emerged. The BCF is the project of the renowned Binance crypto exchange and aims to use blockchain to help solve out some of the developing world’s shortcomings. On the other hand, Justin Sun’s Tron Foundation and its Tron (TRX) crypto token rely on technology to help the world.
In both the BCF and Tron (TRX) cases, the goal is to come up with a reliable solution of using blockchain for social change.
Justin Sun, Tron (TRX) Founder, Discussed Using Blockchain for Social Change
In a recent interview on CCN, Justin Sun answered some questions referring to the recent donation he made to Binance Charity Foundation (BCF), Tron (TRX), and the Bitcoin (BTC) ETF.
“This mission [BCF] has the same underlying principles as charity and non-profit organizations – leveraging the strength of community to raise people up and uphold what we believe in. Tron donated $3 million, to show our support for Binance, BCF, and our common goal of using blockchain for social good,” said Justin Sun for CCN.
As for Tron and Tron (TRX) achievements, Sun said that “the advancement of DApps built on the chain is perhaps a key index [to turning a bear market to a bull market.] With our TRON Virtual Machine up and running, we welcome more developers to work with us to develop premium DApps.”
Also, Justin Sun thinks that the SEC will undoubtedly approve a Bitcoin (BTC) ETF. “In my opinion, the SEC’s approval of a Bitcoin ETF is inevitable; it’s just a matter of when,” the Tron (TRX) founder stated for CCN.