On the 11th of October, the leader of our BISITE groups’ Blockchain team, Diego Valdeolmillos, deployed the first ever Smart Contract in TRON (a cryptocurrency based on Blockchain), which is in the 11th place of cryptocurrency market capitalization, its legacy will be carried from generation to generation, as long as the last node of this network continues to operate.

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The Tron protocol, one of the world’s biggest blockchain based operative systems, provides scalable support, availability and high performance to all the decentralized applications in the TRON ecosystem, more than 500,000 users from over 100 different countries have become part of this network, that overcomes its own limits every day.

The technology used by this blockchain is much more ecological than Bitcoin and Ehtereum. 27 representatives are voted for by the network participants. Those representatives are in charge of establishing consensus, validating transactions and adding new blocks to the chain.

Another characteristic of TRON is that the community itself can change the configuration of the chain by means of the representatives. On the 8th of October, the CrytpoGuyInZA representative emitted a proposal to activate the execution of Smart Contracts. They were activated on the 11th of October, at 2 p.m. and Diego was the first one to launch a contract at 14:01:33 in  block 311182.

The representative that emitted the proposal was in charge of validating this block, it became the first node to ever validate a TRON Smart Contract  and its success was shared on Twitter and Reddit.

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Blockchain is a technology that is evolving constantly and new applications of it are found every day, in a wide range of sectors. The BISITE Group is aware of its importance and is working constantly on using blockchain’s potential to the fullest. As a result, they’ve become the first group to try a new blockchain technology.

Posted by Juan M. Corchado

Juan Manuel Corchado (15 May 1971, Salamanca, Spain) is Professor at the University of Salamanca. He has been Vice-Rector for Research from 2013 to 2017 and Director of the Science Park of the University of Salamanca. Elected as Dean of the Faculty of Science twice, he holds a PhD in Computer Science from the University of Salamanca and a PhD in Artificial Intelligence from the University of the West of Scotland. He leads the renowned BISITE (Bioinformatics, Intelligent Systems and Educational Technology) Research Group, created in 2000. Director of the IoT Digital Innovation Hub and President of the AIR Institute, J. M. Corchado is also Visiting Professor at the Osaka Institute of Technology since January 2015, Visiting Professor at the Universiti Malaysia Kelantan and Member of the Advisory Group on Online Terrorist Propaganda of the European Counter Terrorism Centre (EUROPOL). J. M. Corchado has been president of the IEEE Systems, Man and Cybernetics Society, and academic coordinator of the University Institute for Research in Art and Animation Technology at the University of Salamanca, as well as researcher at the Universities of Paisley (UK), Vigo (Spain) and the Plymouth Marine Laboratory (UK). He currently combines all his activity with the direction of Master programmes in Security, Digital Animation, Mobile Telephony, Information Systems Management, Internet of Things, Social Media, 3D Design and Printing, Blockchain, Z System, Industry 4.0, Agile Project Management, and Smart Cities & Intelligent Buildings, at the University of Salamanca and his work as editor-in-chief of the journals ADCAIJ (Advances in Distributed Computing and Artificial Intelligence Journal), OJCST (Oriental Journal of Computer Science and Technology) or Electronics MDPI (Computer Science & Engineering section). J. M. Corchado mainly works on projects related to Artificial Intelligence, Machine Learning, Blockchain, IoT, Fog Computing, Edge Computing, Smart Cities, Smart Grids and Sentiment Analysis. He has recently been included in the board of trustees of the AstraZeneca Foundation, along with other health professionals and researchers recognised for bringing scientific knowledge closer to society.

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