PRESS RELEASE. Geneva, Switzerland, August 9, 2024 - Asia Blockchain Summit 2024 (ABS2024), featured TRON DAO as a Title Sponsor and welcomed TRON founder Justin Sun for a keynote speech. Sun also engaged in a thought-provoking conversation with Song Hongbin, author of "Currency Wars". The summit convened leaders from Web3 and various industries to explore and discuss the future of Blockchain, AI, and the Future of Governance.
ABS2024 is being held in Taipei from August 6-8 at the Taipei Nangang Exhibition Center. Taiwan has long been at the forefront of technology discussions, and the summit features a stellar lineup of keynote speakers and panelists, including Vitalik Buterin, founder of Ethereum; Song Hongbing, author of “Currency Wars”; and actor Joseph Gordon-Levitt. This important gathering underscores the growing global interest in Taiwan as a leading hub for Web3 innovation.
TRON DAO and ABS successfully hosted Masterminds, VIP Reception & Official Speakers at ABS2024 on August 6. The exclusive opening night drinks reception at the iconic Ce La Vie Taipei offered breathtaking panoramic views of the city, complemented by exquisite cocktails, music and delicious cuisine.
On August 7, Justin Sun, Founder of TRON, delivered a keynote speech highlighting the positive impact TRON is making by bridging the crypto and traditional financial worlds. He discussed TRON’s advancements in payments and financial inclusion. Sun also participated in a fireside chat with Song Hongbin, a renowned scholar of financial history, to discuss their “Digital Money and Assets” philosophy in depth.
Dave Uhryniak, Ecosystem Growth Lead at TRON DAO, also participated in a fascinating panel discussion titled “How to Leverage the Power of Community for the Next Leg.” This panel discussion explored the benefits of community and collaboration in achieving collective success. The session emphasized mutual support and shared progress, resonating with an audience interested in the merits of community building and collaboration.
As TRON DAO continues its mission of decentralizing the internet through innovative blockchain solutions, it remains steadfast in cultivating strong community relationships and promoting global innovation. Participation in ABS2024 underscores TRON DAO’s dedication to shaping the future of decentralized technologies and its ongoing commitment to promoting education in the blockchain field.
About TRON DAO
TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and dApps.
Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to make impressive strides since its MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services with over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of August 2024, it has over 247 million total user accounts on the blockchain, over 8 billion total transactions, and over $22 billion in total value locked (TVL), as reported on TRONSCAN.
Additionally, TRON hosts the largest circulating supply of the USD stablecoin Tether (USDT) globally, surpassing USDT on Ethereum as of April 2021. The TRON network achieved full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, marking the first time a major public blockchain has partnered with a sovereign nation to develop its national blockchain infrastructure. In addition to the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global exposure, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currencies and mediums of exchange in the country.