🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Gagan K M

Co-founder|| Enterpr... • 2m

Reliance Jio has launched its own cryptocurrency, JioCoin, a blockchain-based digital currency designed to simplify digital transactions and promote financial inclusion in India. JioCoin aims to offer secure, transparent, and efficient transactions while challenging traditional banking systems. It promises faster processing, lower transaction fees, and wide accessibility to Jio's 450 million customers. JioCoin could potentially enhance financial inclusion for unbanked individuals in India. Industry reactions are mixed, with analysts recognizing JioCoin’s potential but raising concerns about regulatory issues. As the Indian government is reconsidering its stance on cryptocurrencies, JioCoin’s success will depend on regulatory collaboration. Initially, JioCoin will be used within Jio's ecosystem but may expand to e-commerce, retail, and government services. With Jio’s growing network, JioCoin could soon enable payments in physical retail outlets across India.

1 replies
Replies (1)

More like this

Recommendations from Medial

Image Description

Vedant SD

Finance Geek | Conte... • 9m

The Rise of Fintech in Bangalore: Trends and Opportunities * Trends: Mobile payments, digital lending, insurtech, blockchain, wealth management, regulatory sandbox. * Opportunities: Financial inclusion, increased access to credit, personalized fina

See More
1 replies4 likes
Image Description
Image Description

Vedant SD

Finance Geek | Conte... • 5m

The Future of Fintech in India India's fintech sector has experienced rapid growth, driven by technological advancements, increasing smartphone penetration, and government initiatives. The country's large population and diverse demographics offer a s

See More
6 replies3 likes
Image Description
Image Description

Vedant SD

Finance Geek | Conte... • 5m

The Rise of Digital Payments in India India's digital payments landscape has witnessed a remarkable transformation in recent years, driven by government initiatives, technological advancements, and changing consumer behavior. The country's large popu

See More
7 replies9 likes
2
Image Description
Image Description

Vinayak Shivanagutti

🚀7M+ Post Impressio... • 11m

Case Study: PhonePe – India's UPI Leader Founded in 2015, PhonePe dominates India's digital payments landscape. Stats: Users: 350M+ registered Market Share: 40%+ of UPI transactions Business Model: Transactions, financial services, advertising. R

See More
16 replies47 likes
10
Image Description

Medial User

Hey I am on Medial • 25d

Hi, I am a chartered accountant by profession in job. I have an idea to launch a free CA services to startups in their initial years until their first sales. They only need to pay the regulatory charges which government body charges and nothing for C

See More
1 replies5 likes
Image Description

Gyananjaya Behera

Helping an Idea to S... • 9m

UPI Transactions Jump 5% MoM In May To 1,404 Cr Monthly Growth: UPI transactions rose 5% month-on-month in May to 14.04 billion, with transaction volume increasing 4.1% to INR 20.45 lakh crore. Yearly Growth: Year-on-year, transaction count surged

See More
3 replies6 likes
1
Image Description
Image Description

Mr khan

Smart. Sustainable. ... • 2m

UPI Statistics for December 2024: Total Transactions: December 2024 mein, UPI ne over 10 billion transactions process kiye, jo pehle ke months ke comparison mein kaafi zyada tha. Transaction Value: UPI transactions ki total value ₹15 lakh crore (app

See More
7 replies2 likes
Anonymous
Image Description
Image Description

Anonymous

Hey I am on Medial • 9m

An india government investigation found out lapses in byju's corporate governance, but cleared byju's of any financial fraud! Will this come as a relief to this company, which was once valued at $22Bn!!!!

4 replies8 likes
Image Description
Image Description

Rudrayan Dhar

 • 

SAP • 1y

Paytm's journey highlights the critical role of regulatory compliance in the success of digital infrastructure. Despite initial breakthroughs, Paytm faced a string of regulatory strikes due to violations in licensing conditions, false information sub

See More
2 replies5 likes
Image Description
Image Description

Rajesh Kumar

Fintech Enthusiast |... • 2m

Fintech News Update: January 16, 2025 1. Amazon Acquires Axio 🛒: Big news! Amazon is acquiring Bengaluru-based fintech startup Axio to expand its financial services in India. This move, pending approvals, will enable Amazon to offer credit-based se

See More
7 replies7 likes
1

Download the medial app to read full posts, comements and news.