Breaking News
Get 40% Off 0
Is NVDA a 🟢 buy or 🔴 sell? Unlock Now

Tron Founder Justin Sun Champions for Blockchain Tech in WTO Event

Published Jul 04, 2022 01:46PM ET Updated Jul 04, 2022 02:00PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Tron Founder Justin Sun Champions for Blockchain Tech in WTO Event

    • Justin Sun said that blockchain could fix global economic crises.
    • Sun spoke during the SIDS segment during the Twelfth Ministerial Conference (MC12)
    • He also appeared before the Organization of Eastern Caribbean States (OECS) to promote digital innovation.

Justin Sun, the founder of Tron and Grenada Ambassador to the World Trade Organization (WTO), said that blockchain could fix global economic crises at the Twelfth Ministerial Conference (MC12).

Sun spoke during the Small Island Developing States (SIDS) segment, where delegates of various WTO member states raised the discussion on climate change, ocean management, and e-commerce, among other topics.

Global economy can be fixed by digital transformation and blockchain technology.

He revealed that Grenada is “heavily dependent” on a multilateral trading system that is predictable, transparent, and efficient. Sun added that he is “working closely with WTO’s program on e-commerce in support of digitizing the economy.”

Notably, the MC12 conference discussed pressing issues, including the post-pandemic crisis, food safety and security, environment protection, IP protection on COVID-19 vaccines, and e-commerce, among other subjects. The event saw the decision to impose the Work Program on Small Economies, the TRIPS non-violation and situation complaints, and the Sanitary and Phytosanitary Declaration for the MC12 initiative.

Just recently, Sun appeared before the Organization of Eastern Caribbean States (OECS) and again championed digital innovation. “Grenada is facing an increase in commodities prices, climate crisis, and environmental emergencies,” says Sun. He believes optimized e-commerce and a borderless digital economy can address such crises.

Sun is said to be playing an essential role in the economic development of Grenada. He claimed that as long as he serves as a WTO representative for the Caribbean country, Sun would advocate for cooperation between Grenada and other countries to boost economic growth and digital transformation.

In 2017, Justin Sun founded Tron, a decentralized, open-source blockchain. The businessman stepped down from his post as Tron’s CEO to become a diplomat for Grenada in December 2021.

Continue reading on CoinQuora

Tron Founder Justin Sun Champions for Blockchain Tech in WTO Event
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email