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Justin Sun said that blockchain could fix global economic crises


Justin Sun, the organizer behind Tron and Grenada Ambassador to the World Trade Organization (WTO), said that blockchain could fix worldwide monetary emergencies at the Twelfth Ministerial Conference (MC12).


Justin talked during the Small Island Developing States (SIDS) section, where agents of different WTO part states raised the conversation on environmental change, sea the board, and web based business, among different points.

Worldwide economy can be fixed by computerized change and blockchain innovation.

He uncovered that Grenada is “vigorously reliant” on a multilateral exchanging framework that is unsurprising, straightforward, and productive. Sun added that he is “working intimately with WTO’s program on web based business on the side of digitizing the economy.”

Remarkably, the MC12 meeting talked about major problems, including the post-pandemic emergency, sanitation and security, climate insurance, IP assurance on COVID-19 antibodies, and web based business, among different subjects. The occasion saw the choice to force the Work Program on Small Economies, the TRIPS non-infringement and circumstance grumblings, and the Sanitary and Phytosanitary Declaration for the MC12 drive.


As of late, Sun showed up before the Organization of Eastern Caribbean States (OECS) and again supported advanced development. “Grenada is confronting an expansion in wares costs, environment emergency, and ecological crises,” says Sun. He accepts improved internet business and a borderless computerized economy can address such emergencies.

Sun is supposed to assume a fundamental part in the monetary advancement of Grenada. He guaranteed that as long as he fills in as a WTO delegate for the Caribbean country, Sun would advocate for collaboration among Grenada and different nations to support monetary development and computerized change.

In 2017, Justin Sun established Tron, a decentralized, open-source blockchain. The finance manager ventured down from his post as Tron’s CEO to turn into a negotiator for Grenada in December 2021.

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