Indian Mobile Operator to Launch Own Blockchain

New network, which is going to be launched in a year with tens of thounds nodes operational will focus on the distribution and high privacy
12 August 2019   1143

Indian mobile operator Reliance Jio Infocomm, owned by the country's richest man Mukesh Ambani, intends to launch its own blockchain within a year. This was stated by Ambani himself.

[The company will install] one of the largest blockchain networks in the world in India. [On the first day of its launch] tens of thousands of nodes [will be operational].
 

Mukesh Ambani

Owner, Reliance Jio Infocomm

New network will focus on the distribution of content while maintaining data privacy. Also, as reported, the company’s blockchain network will not only power industries but offer users data privacy as well.

Note that the company also entered into a partnership with Microsoft, involving the use of the Azure cloud platform for the "digital transformation of India."

Most likely, the Jio Infocomm blockchain will not have a native token, since, as you know, the bill on the complete ban on cryptocurrencies is already under consideration by the government.

In early 2018, it became known that Jio Infocomm intends to launch its own cryptocurrency to manage supply chains and loyalty programs called JioCoin. So, the announced project may be a variation of previously announced plans.

In the past, Ambani's conglomerate Reliance Industries also used the R3 Corda blockchain platform to conduct export transactions.

French Gendarmerie to Use Tezos Blockhain

Gendarmerie Cybercrime Division (C3N) is "validating judicial expenses" with Tezos blockchain
21 November 2019   70

The French Gendarmerie Cybercrime Division (C3N) uses the Tezos blockchain. The agency launched its first smart contract in September.

According to a press release, C3N uses blockchain to control the costs incurred during investigations.

Debuting on the Tezos network, this is one of the first examples of a government entity using a smart contract for operational purposes. The new program allows C3N to acquire cryptocurrency from Europol-allocated funds in order to cover operational costs.
 

Nomandic Labs

The new program also allows C3N to purchase cryptocurrency with funds allocated by Europol to cover operating expenses.

The statement noted that the smart contract was specifically designed so that C3N confirms costs without the risk of disclosing operational activities and problems for ongoing investigations.