Justin Sun Delivers a Keynote Speech at the Singapore FinTech Festival 2021 (SFF)

SINGAPORE
– Media OutReach – 8 November 2021 – On November 8, TRON founder Justin Sun attended the Singapore FinTech
Festival 2021 (SFF) where he delivered a keynote speech on Web 3.0. This event
was also live-streamed globally on the official platform.

Organized
by the Monetary Authority of Singapore, the Singapore FinTech Festival (SFF) is
the world’s largest gathering for the FinTech community. Themed on “Web
3.0”, SFF 2021 took place from November 8 to 12 as a hybrid digital and
physical event. In addition to TRON, industry giants such as AMTD Group,
Microsoft, Ant Group, Tencent, Mastercard, Temasek, Bank of China, China
Construction Bank, Industrial and Commercial Bank of China, HSBC, and PayPal
also attended SFF 2021.

Justin
Sun mentioned in his keynote speech that TRON is always committed to the growth
of Web 3.0, which boasts higher efficiency thanks to its nature as a
distributed infrastructure. Compared with Swift, the TRON network is
permissionless and supports instant transfers of USDC, USDT, and TUSD, etc. at
minimal costs.

Smart
contracts are the name of the game in Web 3.0 since they open up possibilities
for developers, allowing almost everyone to build DApps on TRON and covering
nearly all industries including finance.

According
to Justin Sun, Web 3.0 is also applied to fields including GameFi. There is not
much value embedded in the existing games in the market since they are not
backed by assets. GameFi, however, allows players to earn monetary returns
while playing games. In WIN NFT HORSE, a game jointly launched by TRON, APENFT
Foundation, and WINk, players can earn tokens by owning NFTs. All the scores
players earn will be kept on the chain and can be reused and verified on any
other chains, hence safeguarding assets and data.

Justin
also believes that Web 3.0, as an infrastructure, will help connect 7 billion
people and that “BTTC is a good case in point”.  

BTTC (BitTorrent Chain) is a
layer 2 cross-chain scaling solution launched by TRON on October 30 with its
Tesnet enabled. In his open letter to the community, Justin Sun announced his
decision to earmark $1 billion to spur the migration of projects from Ethereum
onto BTTC. With BTTC, TRON will further cement its dominant position in the
blockchain space. Since its inception in 2018, TRON has evolved into one of the
world’s top three public chains in just a few years under Justin’s leadership.
Today, TRON’s public chain boasts upwards of 60 million users, over 2.5 billion
transactions, and an all-encompassing ecosystem that covers DeFi, NFT,
stablecoins, and distributed storage protocols.

TRON
is one of the blockchain companies invited to the Singapore FinTech Festival
2021 (SFF), and Justin garnered much attention at the event with his insights
on Web 3.0 and the solution he proposed to digital finance, BTTC.

#TRON