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Tron (TRX) is the native utility cryptocurrency of the Tron blockchain platform – which describes itself as an ‘open-source protocol for the global digital entertainment industry’. The platform that TRX price chart is used to pay for the use of offers a ‘decentralised’ alternative to major ‘centralised’ digital content distribution platforms such as YouTube and app stores such as iTunes. Digital content from media to games can be sold peer-to-peer over Tron, and the blockchain supports decentralised apps (DAPPs) built on other smart contract-based cryptocurrency platforms such as Ethereum and EOS. The Tron blockchain platform and associated TRX cryptocurrency has several high-profile backers and was founded by Justin Sun, a 28-year old Tprotégé of Alibaba CEO Jack Ma. Sun also created Peiwo, a social media app positioned as China’s answer to Instagram.
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