Jio Coin Launch in india

What is Jio Coin ? How you can buy Jio Coin in India?

Cryptocurrency

Relience JIO moving one step ahead to create one new milestone after a huge success of Relience Jio 4g network. Reliece JIO planning to hire 50 young professionals to work on blockchain technology Under the guidelines of Akash Ambani (Son of Mukesh Ambani).

Now the next question is what is Blockchain technology, Blockchain technology is a decentralised digital Platform in which transactions made in cryptocurrencies are recorded chronologically and publicly. This Jio coin also based on the cryptocurrency & decentralized as the Bitcoin working.

This new venture of the reliance Jio in the initial stage. During the interview with business daily they were asked, How Reliance Jio could use the new technology. They said:- “It can be used in supply chain management logistics. Loyalty points could altogether be based on JioCoin.”

As last month Indian finance minister Arun Jaitly and RBI clearly said that this Bitcoin or any virtual currencies will not be authorized for payment or any trading purpose. Indian Finance Minister said cryptocurrencies will not legal tender and those who will do such transaction will do at their own risk.

One site Indian government is not going to legalize it and the other side one of biggest business tycoon of India is going to invest in it, it means there is a huge potential in this virtual currencies and in future government might be think about it.

Why Business tycoon targeting cryptocurrency:-

Bitcoin is the mother currency of all virtual currency as we know and this currency is decentralized mean no one can control it and the price of the currency will depend on the market demand and supply.  In the 2013 Bitcoin rate was $90 but now in 2018 its increased by $18000.

Bitcoin growth

According to the report, there is no official launched date of Jio Coin has been disclosed by the company but it will launch very soon.

Jio Coin Launch Date:-

According to the report, there is no official launched date of Jio Coin has been disclosed by the company but it will launch very soon.

Jio Coin Price:-

As per the report, the cost of the Jiocoin can be expected less than 1 USD or Rs 64. But its expected as Jio Coin will launch price will get rapidly increase the trading platform due to more market demand.

How to Buy Jio Coin in the Indian market:-

As per the report, it’s not disclosed by the company because Jio Coin still not launched and even its in initial stage but we can expect very soon.

I hope this article very informative for you and you have and doughty and query please comment below and I will continue to upload Cryptocurrency related update.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *