Skip to main content

Jio Coin India's New Cryptocurrency

As per we all know that from the last few months the cryptocurrency was the enthralling topic. It's all because of the one big cryptocurrency bitcoin. Bitcoin becomes a successful payment method. And also bitcoin was the first digital currency. Nowadays in a big country like the USA, they accept the bitcoin as a virtual money and also there will be ATMs for withdraw the bitcoin for hard-currency.


There are lots of new cryptocurrencies developed in last few days. Now India's biggest company Reliance is planning to launch their cryptocurrency on the success of Jio mobile network operator company. Also, Reliance cryptocurrency name will be a "JIO COIN".

Jio Coin 

Jio is planning to launch its own cryptocurrency Jio Coin. On the demand of new trend and following the equivalent of Bitcoin, Ethereum, Ripple, Litecoin, Request, Bitcoin Cash among others. The project Jio Coin is going on under Akash Ambani, son of billionaire and brain behind Reliance Jio Mukesh Ambani. As per the news around a team of 50 members working on this project under the leading of Akash Ambani. They hired software engineers who're expert in the blockchain technology. Also, the person's identity was not disclosed. 
One unique feature of Jio Coin is that, apart from being used for cryptocurrencies, Akash Ambani and Mukesh Ambani plans to use the coin for supply chain management logistics as well. This is unlike the other coins and new in nature, it will attract more people to use jio coin. 

Approximate Price of Jio Coin

Akash Ambani and his team have not announced the final starting price of jio coin and Initial Coin Offering (ICO), but as per some expert guy the Jio Coin will be approximate $1 or converting to India Ruppe 65 Rs. Also, the official launching date as not announced but it will be coming in March or Appril month.

How to buy Jio Coin

There are some popular wallets for busing cryptocurrency like Bitcoin, Request, Ripple, Ethereum can be purchased from the Zabpay, Coindaltam, Unocoin, Koinx many more. For the jio coin, they will provide the official Application or sold via My Jio App. 

Will it Authorize? 

There is no official statement from Jio regarding Jio Coins as of now. Though as cryptocurrency in itself is the future of money transfer and Jio always being an explorer in Digital India and futuristic technology, plus the visionary leadership of Mukesh Ambani, it shouldn't be any surprise if Jio decides to enter the world of Crypto with Jio Coin. So now we have to wait for the official launching date and the government approval on it. 



Labels:

Comments

Post a Comment

Popular posts from this blog

Something About Bitcoin

What is Bitcoin? Bitcoin is a digital currency(Cryptocurrency) which is traded on applications based virtual exchanges throughout the world. Bitcoin is often quoted in dollar terms but is widely traded in local currencies of the respective nation. Bitcoin just hit the record high of $11,000 which a lot of dollars. According to market watchers, one bitcoin costs about $700 but now it costs about $11,000. Bitcoin creation Bitcoins are created through a process called mining. There are many Bitcoin miners in the world, reportedly most of them located in Japan, China, US and Singapore.  Bitcoin's Smaller Unit If you want to invest in Bitcoin then there is no obligation that you should buy a whole one unit of it. Bitcoin has a smaller unit called Satoshi, which is named after the anonymous inventor of cryptocurrency, Satoshi Nakamoto. One Satoshi is one-hundred-millionth of a Bitcoin. According to a price of $16,000, one Satoshi equals $0.00016. Ho...
5 comments
Read more

Interesting and Controversial Facts About Padmavat

As we all know all threats made controversial about movie Padmavat which is the story of honor, valor and obsession and made so much of hurdles in some of the Indian states like Gujarat, Bihar, UP and other states even in Rajasthan Shree Rajput Karni Sena vandalized the movie set at Jaigarh Fort and attack Sanjay leela bhansali even Farhan Akhtar calls out karni sena for their acts of blatant terrorism.After the repeated freak attack on the sets of the movie, cabinet minister Smriti Irani ensured that the movie will face no trouble during its release.She assured that the law and order will be under control however some of the state's theatre leads to the decision of not screening the film "Padmavat". Facts of Padamavat Movie Ghoomar dance sequence Ghoomar -Traditional folk dance of Rajasthan which is done with the complete Royal experience and that look left viewers amazed however the only controversial of the movie why...
Post a Comment
Read more