The Tron team announced via Twitter on Wednesday that it has become the National Blockchain of the Commonwealth of Dominica. Tron would play a crucial role in developing and issuing the Dominica Coin (DMC), a blockchain-based fan token.
The team added that this is the first time a major public blockchain partnering with a sovereign nation to develop its national blockchain infrastructure.
TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions. TRX is down by less than 1% so far today and is trading at $0.06180 at press time.