JioCoin: Jio has launched Cryptocurrency? What is JioCoin, how will it be used, know everything

Mukesh Ambani’s company Jio has launched its digital coin JioCoin. Has the company launched its own cryptocurrency? What kind of coin is JioCoin, what use will it be? We are trying to give you answers to all these speculations here. Actually, Jio Platforms has launched its reward coin by the name of JioCoin. The company has launched it in partnership with Polygon Blockchain Network. Although the company has not yet released official details about its use, a lot has been revealed about the coin in media reports.

JioCoin is a reward coin of the company which Jio has launched by connecting it with its web browser JioSphere. JioSphere is the company’s web browser through which users can surf the internet. According to the ET report, users who use the JioSphere web browser will get a chance to earn reward points in the form of JioCoin. Which can later be used on other platforms of Jio also.

There is a lot of speculation about JioCoin on social media platform X. Users have confirmed it to be associated with JioSphere. If a user browses the internet through JioSphere, he will get JioCoin as a reward. However, it is not yet clear how it can be transferred and how it can be redeemed. As soon as it spreads its foot in the Jio ecosystem, its importance will increase.

If the speculations being made in media reports are to be believed, JioCoin can soon be seen being used in many types of services. These may also include mobile recharge services. Or, it can also be used at Reliance gas stations. Jio has partnered with Polygon Labs, the first result of which has come out in the form of JioCoin. The company has entered into this partnership to promote its blockchain and provide Web3 services.