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Justin Sun Takes Up Appointment to Co-Coordinate CCP Backed Research Project

UTC by Benjamin Godfrey · 3 min read
Justin Sun Takes Up Appointment to Co-Coordinate CCP Backed Research Project
Photo: Justin Sun / Facebook

Justin Sun confirmed the appointment on his WeChat and Weibo accounts stating he is looking at trailing the path of Liang Jianzhang, the tech entrepreneur who founded the travel platform Trip.com.

Justin Sun, the founder of the Tron Foundation, and the $SUN token has taken up an appointment to serve as the Deputy Leader in a Research Project backed by the Chinese Communist Party (CCP). Per a statement issued to confirm the engagement by the China Academy of Information and Communications Technology., Justin Sun will be participating in the research project with the topic of “Research on Innovation of Social Governance Mechanism Based on Blockchain Technology.”

While China is largely unreceptive to Bitcoin and cryptocurrencies, the country has a strong affinity for championing blockchain innovations. In a bid to recreate the engagements from prospective blockchain outfits, China saw the emergence of over 10,000 blockchain companies in the first half of 2020 amidst the raging menace of the COVID-19 pandemic.

The move to research on the ways blockchain can impact China’s social governance structure was approved by the country’s central political party. The project will seek the development of innovative ways to apply blockchain technology to the country’s political and social ecosystem as it looks to drive its technological advances forward.

The research project will also draw membership from the “People’s Bank of China and the Central Cyberspace Administration, Experts and scholars from China Academy of Information and Communications Technology, China Information Association, Tsinghua University, Peking University, and other departments and universities,” the announcement reads.

The decision for Justin Sun to take up the appointment has been lauded by many who believe the 30-year old blockchain inventor is doing the right thing to break from the shackles of American immersiveness. “Brother Sun can’t stand the plight of the American Empire and will come back to build socialism with us,” wrote a commenter identified only as “The banner of Marx.”

Justin Sun Appointment into Education: A Knock on Retirement?

Per a Coindesk report, Justin Sun confirmed the appointment on his WeChat and Weibo accounts stating he is looking at trailing the path of Liang Jianzhang, the tech entrepreneur who founded the travel platform Trip.com. Liang retired at the age of 47, a move that suggests Sun is also looking at early retirement.

With many views about the potentials in this claim on social media, Chinese Journalist, Colin Wu said on his Twitter handle that he does not believe Sun is billed to retire, rather, the entire appointment was a way to show he has a good relationship with the Chinese Government.

Justin Sun has a visible legacy in the cryptocurrency ecosystem and is helping to champion the gradual shift into a Non-Fungible Token (NFT) enabled world by his NFT acquisitions and collections.

In addition to this, Sun has a good run of accumulating Bitcoin (BTC), and he complimentarily launched the JUST NFT Fund back in March to help promote the advances in the digital art world.

Blockchain News, Cryptocurrency news, News
Benjamin Godfrey

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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