JIO COIN WHAT IT IS FUTURE BITCOIN IN INDIA? FULL INFO.
ABOUT JIO COIN
Bitcoin is attracting thousands of investors in India. Even those people who don’t know about cryptocurrency is also started investing in Bitcoins, Ethereum, Ripple etc. to get more profit quickly. Now the Indian telecom operator Reliance Jio is planning to develop its cryptocurrency called Jio Coin.
The most popular application of the technology has undoubtedly been cryptocurrency, and Reliance Jio also plans to create its own version called JioCoin.
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As per indian newspaper Report, The project will be led by Mukesh Ambani’s older son Akash Ambani with a 50-member team (average age of 25 years of young professionals) where they will work on the blockchain technology required for the currency. The blockchain is a digital ledger which stores data such as financial transactions on a cloud and not on physical servers, so it can be shared and accessed in real time. The technology is mostly used for cryptocurrencies, but Reliance Jio plans to use it for supply chain management logistics.
MOR ABOUT JIO COIN
ICO might start early Feb ( pre-sale )
The total coin supply would be 1 billion Jio coins
Initial price of the token could be 0.5 $
JioCoin will be listed on their own exchange and could hit in major exchanges too
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What is Jio Coin Launch Date ?
Jio Coin Launch Date is the news that everyone is waiting for. The JioCoin Launching is one of the most awaited thing these days. A Committee of around 50 members has been setup who are working Hard on Blockchain Technology for Jio Coin.
“Reliance Jio also aspires to get into Internet of Things (IoT). Blockchain technology would come in handy there,” Livemint..
HOW TO BUY JIO COIN-
Though there is no official notification, It is expected. Initially, Reliance Jio may launch their cryptocurrency on JioMoney app in which you will be able to buy Jio Coins using your wallet balance. But after few days, it might become available for purchase on popular exchanges like Bittrex.
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