Indian Tech 

Reliance Jio plans its own cryptocurrency JioCoin, Mukesh Ambani’s son leading project

Reliance Jio plans to build a 50-member team led by Akash Ambani to work on blockchain technology that is used for creating cryptocurrencies like Bitcoin. After disrupting the telecom sector with its free offers and hyper-competitive tariffs, Reliance Jio Infocomm Ltd plans to create its own cyptocurrency, JioCoin. With Mukesh Ambani’s elder son Akash Ambani leading the JioCoin project, Reliance Jio plans to build a 50-member team of young professionals to work on blockchain technology, which can also be used to develop applications such as smart contracts and supply chain…

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