Bitcoin Users In India Will Benefit From Reliance Jio Data Plans
But there is more, as “heavy users’ will pay even less money per gigabyte. In fact, Reliance Jio will charge half of the price per GB used. Mobile internet connectivity is quickly becoming the new norm in developing countries. Rather than relying on more expensive fibre connections, mobile data plans are a great way to stay connected to the world. Over in India, Reliance Industries have come up with a new data tariff. Prices will drop well below US$1 per GB, which may boost the number of Bitcoin users in the country to new heights. Reliance Industries has a clear mission for the future of....
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Reliance Jio is just another 4G network in just another country, but that country happens to be India. A land of one billion plus people. Jio is an offering by Mukesh Ambani of the Reliance Group, and the son of Dhirubhai Ambani, a successful businessman who is legendary in India for his rags-to-riches story. What is Jio and why does it matter? Reliance Jio is a pan-India 4G network which offers both data and voice services. Although there are many companies who offer similar services in India, there is no one who has the reach and the potential that Reliance has. Reliance Jio was the....
Telecom wars have heated up in India, with Vodafone investing $7.2 Bn in its India unit. This is a direct challenge to Mukesh Ambani, the richest Indian, who launched Reliance Jio earlier this month. Vodafone India's Plans. Vodafone has announced the investment ~$7.2 Bn in its India unit, to bolster its finances. Vodafone India is expected to use these funds to expand its network and bid for spectrum in an upcoming auction. This equity infusion represents India's largest FDI (Foreign Direct Investment) inflow till date. Beneficiaries of a Telecoms War. The biggest beneficiaries of a war....
Prepaid and postpaid subscribers can now make their mobile payments through bitcoin company Zebpay, which has recently entered this market. Consumers can recharge their plans, mobile airtime, DTH, and data card using bitcoin. Prior to this, bitcoin company Zebpay has been concentrating on its wallet offering, allowing users to buy or sell using cryptocurrency. Mobile payments are now available for Android smartphones which have the bitcoin wallet app. Bitcoin Company Ventures. Mobile plans that are covered by this payment service are Vodafone, AirtelBSE, Uninor, Tata Docomo, Reliance, BSNL....
This is the year that eCommerce will see big development in India. Morgan Stanley Research reports a 50% increase from last year. They rank India as the 10th largest economy in the world, with a forecasted GDP growth of around 5.5%. The National Payments Corp of India is projected to make e-commerce dealings easier by enabling micropayments and person-to-person payments. They will use a unified payment interface (UPI). In India, this UPI is one of many innovations taking place in the financial sector that will benefit the customer, and will help make India a cashless society, says Reserve....
While it is doubtful Bitcoin will replace the need for physical currencies anytime soon, it complements the existing financial ecosystem quite well. The status of Bitcoin in India has been relatively unsure for quite some time now. Even though the country can benefit a lot from cryptocurrency in their e-commerce and m-commerce sectors, adoption rates were still low. But things are changing in a positive manner as of late. With about 50,000 Bitcoin users in India, things are looking better than ever. To put these numbers into perspective, of those 50,000 Bitcoin enthusiasts, close to 30,000....