Mukesh Ambani, CEO of India's Reliance Industries Restricted (RIL), introduced the set up of a blockchain community throughout India. Mukesh Ambani mentioned:
Reliance Jio would launch one of many largest blockchain networks on the planet over the following 12 months. Tens of hundreds of nodes will likely be operational on the community the primary day
He additionally introduced a partnership with Microsoft to implement Azure Edge computing in RIL's knowledge facilities "for the digital transformation of India".
This partnership is a nice shock for Indian cryptography fans who’re presently threatened by the crypto-ban sentiment of present authorities authorities. Given the large-scale initiatives efficiently undertaken by the corporate, there isn’t a doubt that Reliance plans to create one of many largest blockchain networks on the planet.
As well as, the corporate additionally introduced its bold objective of organising a free GigaFiber service that will likely be linked by way of nodes positioned throughout the nation.