TRON’s David Uhryniak Explains How One Of The Most Ambitious Blockchain Platforms Prepare For The Metaverse, NFTs and Gaming

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TRON’s David Uhryniak Explains How One Of The Most Ambitious Blockchain Platforms Prepare For The Metaverse, NFTs and Gaming

David Uhryniak Biography

David Uhryniak is originally from Pittsburgh, Pennsylvania. He accomplished his undergraduate at Westminster College, in a small town called New Wellington, in liberal arts. David awards the credit to his period of extended education in business at Carnegie Mellon University to prepare him for what he is today.

David Uhryniak Interview Focus

David explains the beginnings of his career to host Dinis Guarda in the citiesabc openbusinesscouncil YouTube Podcast Series. He began his career as an equity research analyst at a leading U.S. mutual fund company. There, he conducted a thorough bottom-up analysis of global and regional financial services companies.

David has been actively involved in blockchain since 2015. He has provided strategic guidance for global payment companies and insurance companies, among others. He has led the successful development of multiple use cases in financial services, healthcare, and the supply chain. He continually finds unique and creative ways to apply emerging technologies, enabling corporations to achieve their strategic goals.

“I was working at Deloitte when, you know, Bitcoin first came out, and really started to focus on Bitcoin and dive underneath the surface to understand the blockchain. And that was when I really started to think, back in 2013, that blockchain would be incredibly transformative to the financial services industry, and I knew I had to be a part of it. And then everything I did from there was focused on becoming involved in that space. And I really like it because it is really problem-solving. It’s a point technology to the issues that companies face to enable them to reach their corporate strategic goals. And I think that’s really what I enjoy. Right now, it’s going so much further than that as we get into Metaverse, NFTs and gaming”, he recalls.

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David Joins Tron

As David mentioned in the interview, The TRON network has gained incredible traction in recent years, with over 74 million users on the blockchain and upwards of 2.8 billion transactions. In addition, TRON hosts the largest circulating supply of stable coins across the globe, overtaking USDT on Ethereum in April 2021. The TRON network completed full decentralization in Dec 2021 and is now a purely community-governed DAO.

David joined TRON in January 2022 right after the platform completed full decentralization. In that regard, David will be a visible part of the team driving that effort and will identify key opportunities within the broad blockchain ecosystem, and ensure TRON is positioned to act on the opportunities.

“I always found blockchain to be incredibly interesting, and my first thought was that it would have a tremendous impact on payments, and so many institutional payments around the world. It certainly is, but it has gone beyond that. When I was early in my blockchain space, we were coming up with use cases and talking to companies about, you know, developing these use cases, and talking to them about how blockchain was going to impact the world”.

TRON is a decentralized, open-source blockchain-based operating system with smart contract functionality, proof-of-stake principles. That is the principle for which its consensus algorithm and a cryptocurrency native to the system, known as Tronix (TRX), works too. TRON is dedicated to accelerating the decentralization of the Internet via blockchain technology and decentralized applications (DApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver achievements since the MainNet launch in May 2018. July 2018 also marked the acquisition and the ecosystem integration of BitTorrent, a pioneer in decentralized services boasting nearly 100M monthly active users.

“Tron is focused on creating an area for content creators, and something that we are rapidly developing. So, we have Ape NFT which is a kind of gallery for content creators who display their work. We work with Craftly, which is the marketplace where this work could be sold. And what’s most exciting is later this month, they’ll be launching a new marketplace for creators to get their creations out in the market- get them viewed, connect with people who want to purchase their work. It’s really exciting”, David explains.

The Future of TRON

David Uhryniak Interview

As of today, TRON is an ambitious project dedicated to the establishment of a truly decentralized Internet and its infrastructure. The TRON Protocol, one of the largest blockchain-based operating systems in the world, offers public blockchain support of high throughput, high scalability, and high availability for all Decentralized Applications (DApps) in the TRON ecosystem.

And as David pointed out, the sky’s the limit. TRON has the capacity to process 2000 transactions per second. Additionally, we have our cross-chain solution, called Bitcoin Chain, which has the capacity to process up to 7000 transactions per second. On top of that, we have a side chain solution as well, which really, if you applied the side chain to the main net of Tron, it would really take transactions per second up over 100,000. So, we have the capacity, the capability to support transaction size of anything that a company or a person would need to operate whatever they’re trying to scale up.

“In the stablecoin space, approximately 25% of the entire stablecoin market is transacted on the TRON blockchain. I think that’s really an area where we do have a significant presence and we’ll continue to see that grow as stable coins become more prominent. This is one of the pillars of TRON. Additionally, when you think of TRON and the future of everything, it really connects to NFTs, support the gaming space, which really plays into the Metaverse, and that’s from the perspective of the gaming, we have a couple of really cool games already: Win NFT Horse, which is a horse racing game, where you create NFTs, you create your own horses, turn it into NFTs, run it into races. As your horse wins, it increases in value, just like any horse racing would be in real life. It’s been well received, I think since it’s only been launched recently. We have over 22,000 horses created overall. The initial game offering was sold out within 1 second over 10 million page views. And I think this year as we become more known in the US, I think it’s very possible you will see some really well broadcasted or notable events coming up,” David concluded.