The TRX cryptocurrency adapts the digital ecosystem for entertainment information. At first, the project worked in the Ethereum blockchain. This choice is conditioned by a quick solution to launch a peer-to-peer network. Later, the developers switched to their own blockchain with a Proof-of-Stake algorithm and Validation consensus. TRON was one of the first platforms to implement this.

TRX news today, TRON crypto latest news of token ticker

TRON

At first, the project worked in the Ethereum blockchain. This choice is conditioned by a quick solution to launch a peer-to-peer network. Later, the developers switched to their own blockchain with a Proof-of-Stake algorithm and Validation consensus. TRON was one of the first platforms to implement this. Wrapped TRON is provided with an underlying asset in a ratio of 1:1, has the same price and allows you to expand the possibilities of application, for example, to trade on decentralized exchanges that do not support the "original".

Wrapped TRON news today, WTRX crypto latest news of token ticker

Wrapped TRON

Traditional assets like real estate and gold have long been popular investment choices. However, they come with their own set of challenges:

🚩 Illiquidity
🚩 High transaction costs
🚩 Intermediaries

Real-world assets (#RWAs), when tokenized on a blockchain, can address many of these issues.

Tokenization allows:

Fractional ownership, which can increase liquidity.
It also enables 24/7 trading and reduces the need for intermediaries, thereby lowering transaction costs.

While several blockchains support tokenization, #TRON stands out due to its high transaction speed and low fees. This makes it a preferred choice for projects aiming to tokenize real-world assets.

The convergence of #blockchain and real-world assets will redefine finance, making transactions more secure, transparent, and efficient.

Read more from @CoinMarketCap : https://t.co/FB5s5n4H4w

Twitter

Listen to our Lead of Ecosystem Development, @UhryniakDave , talking about the potential of #RWAs. 🎧

#TRON will always be working to create a more inclusive future for everyone. 🌐 🤝

Learn more about #RWAs: /trondao/status/1689381127214043136