Reliance Jio, one of India’s largest telecommunications companies, has rolled out Jiocoin, a blockchain-powered reward system designed to increase user engagement and offer innovative services to its vast customer base of over 450 million users.
Jiocoin is a blockchain-based token that users can earn by interacting with Jio’s suite of mobile apps, linked to their mobile numbers. The tokens enable secure transactions, enhance user privacy, and seamlessly integrate with Jio’s ecosystem, all underpinned by blockchain technology.
Although Reliance has not officially confirmed the launch, a beta version of Jiocoin is currently accessible through the Jio browser app. To participate, users must be Indian residents aged 18 or older and sign up for the Blockchain-Based Rewards Program (BBRP) or its associated applications.
Users earn Jiocoin tokens by engaging with various activities across the apps, and the amount deposited into their Web3 wallet depends on their engagement levels. The value of the tokens is directly tied to a user’s interaction with the Jio apps.
These tokens can be redeemed for rewards such as discounts on Jio services and exclusive content, all while benefiting from the security and transparency offered by blockchain technology. This ensures users feel confident in the process, encouraging deeper engagement with Jio’s offerings.
Reliance Jio has partnered with Polygon Labs to incorporate cutting-edge Web3 features into the Jiocoin program. This partnership allows users more control over their personal data within the Jio ecosystem, enhancing privacy and autonomy.
With the launch of Jiocoin, Reliance Jio is positioning itself as a leader in India’s digital transformation, providing users with access to secure, blockchain-based services that are both innovative and user-centric.
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