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JioCoin: Reliance planning own cryptocurrency, Akash Ambani to lead project


The company aspires to get into the Internet-of-things business and blockchain will help its foray

Jan 12, 2018. (Source: Business Standard)
Reliance Jio is planning to create a of its own called ‘JioCoin’, and will put together a young team of 50-odd professionals under to kickstart the project, a Livemint report claims. The Ambani scion is reportedly interested in developing to aid the development of smart contacts and payment-enabled supply chains.
Blockchain is a digital ledger that works as a book-keeper for cryptocurrencies.
Business Standard decodes the pros and cons of investing in bitcoins.
(This article is an excerpt from Business Standard. Read full article here  )
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