TRON Foundation HQ Visited by Oracle
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TRON Foundation HQ Visited by Oracle

In a recent tweet, Justin Sun, the Founder and CEO of TRON Foundation, announced that the Oracle blockchain team had visited their headquarter in San Francisco.

The two discussed smart contracts, tokenization and also partnership opportunities. It is quite likely that we would be hearing from the team soon regarding what the outcome of the meeting was.

Also Read: TRON Announces Partnership with Baidu

The cryptocurrency is growing at an incredible speed and its all thanks to the team and the active community. The team promotes projects made by the community to help those projects gain wider adoption. Recently, the foundation tweeted about a project called POPPY:

For those of you who don’t really know what POPPY is, here’s some information from Sesameseed’s Medium blog explaining the platform:

“Poppy is a Point of Sale (POS) system with integrated Tron payment processing.
With the functionalities of Clover POS, Poppy will leverage a robust POS system to fully integrate retail sales to the Tron blockchain functionality.”

Adding to it, the blog says:

“Poppy will provide its customers an easy to implement Tron payment integration on the Clover POS platform. Enabling customers to purchase items in TRX or basic Tron tokens at the retail will provide the customer a more robust experience will significantly reducing the transaction fee’s of traditional credit based payment methods. Seamless in-store and online ordering for clients, and a minimal barrier to entry for vendors will immediately open tron to hundreds of thousands of retailers.”

Further explaining it:

“Leveraging the Tron blockchain, customers will enjoy the same retail experience they are used to, with the added benefit of accepting TRX and Tron Tokens. The point of sale will allow retail purchases utilizing Tron across a variety of methods including a wallet, Tron style Card “TronCard” or the Seedit platform and application. Seedit opens Poppy to social media by allowing twitter, telegram, Reddit and other platforms to act as viable payment methods.”

The platform looks forward to bridging the gap existing between the vendors, the customer service, and social media.

Discussing the community and the market impact, the blog said:

“By allowing seamless integration with the Tron blockchain, Poppy will enable customers to interact with retail in ways that do not currently exist in POS platforms today.
In addition to traditional payment methods (Visa/MasterCard/Cash), retail customers will be able to purchase goods and services by utilizing the blockchain in several ways including Social Media and the Seedit platform, Tron wallet transfers and the Poppy “TronCard”.”

Adding to it, the blog says:

“Utilizing Poppy, a customer vendor relationship can bridge the point of sale and social media divide. Vendors may interface with their community by leveraging Seedit to provide discounts; complimentary items, “gift cards” and rewards on the blockchain, always visible to the POS.
The open nature of the distributed ledger facilitates an environment in which Vendor and Customer anonymity is possible, while still allowing vendors to reward loyal customers.”

Discussing it further, the blog says:

“The greater Tron community will have a truly interactive ecosystem in which to use TRX and Tron based tokens in ways no other cryptocurrency can offer today. The utility of the Tron Network can potentially offer a more robust use case in retail than other blockchains by leveraging social media channels and anonymous customer data mining on a fast, inexpensive network.”

The project has been turning heads ever since it was introduced on SEEDGerminator, the Super Representative Sesameseed’s seeding platform. POPPY had managed to reach soft cap in under a day which is quite a big deal considering the fact that neither the platform nor the project was popular in the mainstream media.

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Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.