The company intends to hire young professionals of about 25 years of age.
The most popular application of blockchain technology has been cryptocurrencies, and Reliance Jio plans to create its own version called JioCoin, the daily said. "The team would work on various blockchain products", sources say.
"One application is cryptocurrency", the source said.
The company could deploy smart contracts and use it in supply chain management logistics.
Blockchain technology can also be used to develop applications like supply-chain management logistics. "Loyalty points could altogether be based on JioCoin", said the same person quoted to the publication. He further said Reliance aspires to get into Internet of Things (IoT) and Blockchain technology to disrupt the global market under various sectors.
While the project may sound ambitious for Reliance Jio, the bitcoin and its usage is being questioned everywhere in the world; Indian government has even warned people of using it at their own risk.
Now, Reliance Jio is planning to launch own cryptocurrency "JioCoin".
The recent surge in prices of various cryptocurrencies has made a lot of Indian individuals interested in investing in the trading, however, the government has been skeptical about allowing a legal route to trade.
Cryptocurrencies are digital or virtual currencies that use cryptography to secure and verify transactions.
Reliance Jio, the wireless telephony and data services unit of Mukesh Ambani.
According to a survey carried out by the Income Tax department, there are six lakh active cryptocurrency traders in India. On 2 January, finance minister Arun Jaitley told the Rajya Sabha that the government was still studying the issue. After facing several ups and downs, the Bitcoin has become most usable cryptocurrency in 2017. Experts have also pointed out that blockchain could potentially address security risks to IoT as it provides a shield against data tampering by labelling each block of data.
Despite the unclarity from the government front, all major banks have pledged to integrate blockchain in their operations; some government agencies have also hinted at its future use in e-Governance schemes.
Virgin Trains is a different franchise to Virgin Trans East Coast but both are backed by Stagecoach and Virgin. The animosity between Virgin, Branson, and the Mail is nothing new - and it has been intense in recent months.
In his interview with Hollywood Reporter in December, Hanks said , "Individually we have to decide when we take to the ramparts". The Daily Caller reached out to the White House to verify the report , but have yet to receive a response.
With 618,300 avg volume, 7 days are for Brown Forman Inc Class B Commo (NYSE:BFB)'s short sellers to cover BFB's short positions. Peregrine Asset Advisers Inc increased Verizon Comm (NYSE:VZ) stake by 136,803 shares to 146,475 valued at $7.26M in 2017Q3.
And yes: There will be more TVs this year, armed with all kinds of tricks. "OLED is clearly a next-generation technology leader". Last year, Samsung and LG both showcased refrigerators at CES that gave you the ability to see what was inside.
Overall, the fodder scam is the fraudulent withdrawal of more than Rs 900 crore from the Chaibasa treasury for almost 20 years. This case pertains to alleged fraudulent withdrawal of Rs 89.27 lakh from Deoghar Treasury between 1991 and 1994.
According to the new reports from Chrome Unboxed , Google has released the documentation to install the Fuchsia OS on Pixelbook. The last time we looked at Fuchsia , the system UI was able to be packaged up as an APK and run on top of an Android phone.
Hurricanes made up the majority of the 2017 total, with Harvey , Irma , and Maria causing $265 billion in damages. Past year saw 16 separate events with losses exceeding $1bn, including Hurricanes Harvey and Irma.
Rite Aid Corporation's Average Earnings Estimate for the current quarter is $-0.01, according to consensus of 5 analysts. If we take a long term observation, shares have been trading at a distance of -12.87% from the 200-day moving average.
It should be noted, however, that the orders will not apply to children, the elderly or victims of slavery or human trafficking . Many of them seek refugee status, claiming they fled conflict and persecution in their home countries.
'Seattle' was name of Alabama's championship-winning TD play
Aber's logic was that UCF beat Auburn and that Auburn beat both Alabama and Georgia , while UCF didn't lose any game this season. The Tide won with Saban grasping for straws this time , not mechanically processing and dominating one situation after another.
Vermont Is Really Close To Legalizing Marijuana
On Wednesday , Vermont's state legislature became the first in the nation to vote for a bill legalizing recreational marijuana . If the measures advances - and it's expected to - the bill goes to the state Senate, where it will face much more resistance.
CPI(M) opposes Netanyahu's India visit
Series of business events have been lined up as Netanyahu makes a return visit after PM Narendra Modi visited Israel a year ago . In addition, he will give an inaugural speech at the Raisina Dialogue and meet with the Indo-Israeli CEO forum in Delhi.
Senate Transforms With Arrival Of 2 New Democrats
TINA SMITH: You know, sometimes I think people in politics are always looking for the next job and the next opportunity. Smith's family joined her for the ceremony, along with Minnesotan and former Vice President Walter Mondale.
Jack Del Rio's firing catches Derek Carr by surprise
Gruden will once again pace the sideline and call plays for the Oakland Raiders, and it is a great move for the Raiders. By 1990, he was already the special assistant coach of quarterbacks coach Mike Holmgren for the San Francisco 49ers.