In the FAQ section, Reliance mentions that “JioCoins are blockchain-based reward tokens that users can earn by engaging with different mobile or internet-based apps as decided by Jio Platforms Limited (JPL) using their Indian-based mobile numbers.”

This comes in the background of the RBI expressing concerns over any privately held 'virtual coins' and cryptocurrency continuing to remain a subject of debate among India’s policymakers. Globally, though,

Reliance Jio's rumored cryptocurrency, JioCoin, has stirred public interest, but the company has yet to issue an official confirmation about its launch. Speculations suggest JioCoin might integrate blockchain technology for rewards or transactions,

Reliance Jio launches JioCoin on Polygon, rewarding users via JioSphere browser for engaging with its ecosystem.

Jio Platforms Ltd (JPL) a technology company and a subsidiary of Reliance Industries Limited, has entered a strategic partnership with Polygon Labs, t.

Indian telecom giant Jio Platforms, owned by billionaire Mukesh Ambani, launched its reward-based token, JioCoin, on the Polygon network. On Jan. 16, users on X noticed JioCoin integrated into Jio’s proprietary JioSphere browser.

Reliance Jio quietly launches JioCoin, a Polygon-based blockchain reward token aimed at engaging users through its ecosystem.

Reliance Industries’ (RIL) digital arm Jio Platforms, which operates the country’s largest telecom operator Reliance Jio, has partnered with blockchain company Polygon Labs to offer Web3 capabilities to its existing applications and services.