Reliance Jio to set up one of the world’s largest Blockchain networks across India

Reliance Jio is all set to install one of the largest Blockchain networks across the country in the next 12 months with tens of thousands of nodes operational on day one.

Speaking at the 42nd Annual General Meeting (AGM) of Reliance Industries, Chairman Mukesh Ambani called upon on the security, trust, and automation, which Blockchain technology can bring. He said, 

Using Blockchain, we can deliver unprecedented security, trust, automation, and efficiency to almost any type of transaction. And using Blockchain, we also have an opportunity to invent a brand-new model for data privacy where Indian data, especially customer data is owned and controlled through technology by the Indian people and not by corporates

Data is wealth and Indian wealth must remain in India,” called upon Mukesh Ambani. #casansaar (Source - PTI)