Reliance Jio planning its own cryptocurrency called #JioCoin

Reliance Jio is planning to build a team of 50 young professionals to work on blockchain technology for JioCoin, its very own cryptocurrency.

After creating a disrupt in the telecom sector with its free offers and amazingly competitive tariffs, Reliance Jio Infocomm Ltd plans to create its own cyptocurrency, which they are planning to call it as ‘JioCoin’.

It is said that Akash Ambani, Mukesh Ambani’s elder son will lead the JioCoin project, with a team of 50 young professionals to work on blockchain technology, which can also be used to develop applications like smart contracts and supply chain management logistics.