Jio coin are based on blockchain and it is basically a reward tokens which you can earn by using jio sphere or apps which are decided by JPL (Jio Platforms Limited) using their mobile number (Only India based mobile numbers)

These web3 tokens will be deposited in user wallet based on user engagement.

User will need to sign up for this in profile section to start earning jio coins. Still Reliance would be coming up on redemption policy and usage.

The launch of Jio coins can revolutionise the adoption of cryptocurrencies in India and being a native cryptocurrency it will gain a lot of traction.

With millions of users already familiar with Reliance Jio’s digital platforms, introducing a native cryptocurrency could accelerate the adoption of digital payments and blockchain solutions in the country.

While JioCoin is still in its early stages, its potential to transform India’s digital economy cannot be underestimated. If it can deliver on its promises of speed, security, and low-cost transactions, JioCoin could be the breakthrough cryptocurrency that changes the way Indians interact with money in the digital age.

For Jio coin, Reliance has partnered with Polygon to launch it.