👉 What's new in crypto? Check out the TOP NEWS from 08/14/2019! 📰 [CDF #25]

It's time for a short review of one of today's most important news from the crypto-world! 🔝

👉 Indian company builds one of the largest Blockchain networks

Indian telecommunications service provider Reliance Jio Infocomm Limited (known as Jio) has committed to building what it describes as one of the world's largest Blockchain networks.
Speaking at the company's 42nd AGM on 12th August, President and Managing Director Shri Mukesh D. Ambani said that Blockchain technology is one of the three main areas of expansion for Jio. Since its debut in 2015, the company has become one of India's major mobile networks, with a current user base of more than 330 million people.

His comments came at a time when India is facing opposition to a plan to ban crypto, while supporting Blockchain technology at state level.

External commentators have joined the angry local cryptographic industry in warning the central bank that in the future, interacting with unsanctioned tokens such as Bitcoin could be considered a criminal offence.


Sources I use: cointelegraph.com, coinmarketcap.com, coindesk.com, twitter.com, facebook.com, cryptonews.com, cryptoradar.org, bittrex.com

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