1. Click on this link: trueconnect.jio.com
To sign up as an Entity on the Jio DLT platform, click the Register Now button.
2. The subsequent page will appear. Choose Principal Entity
3. If you're signing up for the first time on the DLT platform, choose No and complete the fields.
4. Type in the information as it appears below. From the drop-down list, choose the appropriate Organization Type.
5. From the drop-down box, choose the KYC Document Type, then type in the KYC Document Number.
6. Upload your PAN/TAN and KYC documentation. The file needs to be smaller than 5MB.
7. After submitting the PAN Card and KYC documents, enter your email address, password, mobile number, and company address next. After entering all the info, click the Submit option.
An OTP will be issued to your registered mobile phone number as soon as you click the Submit button. To finish the mobile number verification, enter the OTP that you received.
8. Jio will notify via email, confirming that your request for Entity registration has been submitted and is being processed. You must wait for the registration request's clearance for two to three days after submitting it.
9. Jio will send you an email as indicated in the image below after your entity is approved. Your login information and Entity Number will be sent to your registered email ID.
10. You can now access your JIO DLT account by logging in.
Distributed Ledger Technology, or DLT, is the name given to digital, distributed transaction ledgers that hold data blocks dispersed across a network of computer nodes. The phrases DLT, and Blockchain, are sometimes used interchangeably, however there are several key distinctions. Distributed ledgers come in several forms, including blockchain.
If you're unsure what a distributed ledger means, it's a database synced and shared across numerous sites, organizations, or nations. The recordings shared across the network are available to and can be replicated by the users of each network node. In a couple of seconds or minutes, all participants receive a copy of any modifications or updates to the ledger. Digital database technology is referred to by the general term "DLT," and there are numerous ecosystem implementations of this technology. Among them, blockchain is the well-known one. Nodes on the infrastructure underneath that make up DLT use a variety of agreement mechanisms to reach a consensus. As a result, the DLT enables fluidity, integrity, security, and decentralization in addition to digitizing the entire ecosystem.
We must first understand the various DLT categories before discussing the different DLT subtypes.
It is possible to group distributed ledgers as public, private, permissionless, permissioned, or any combination of the aforementioned. The four of these are briefly introduced below.
Allows apps to be deployed or withdrawn without notifying anyone, revealing their identity, or meeting any application criteria. The nodes of the network, which comprise the network and perform the applications, must be asked to join.
In this kind of network, decentralization is not available. Both applications must be asked to join the network, and the network nodes that run them must abide by particular conditions or present identification documentation. Any party may be removed at any moment and without prior notice.
The most decentralized kind of network is this one. Applications may be put in production or deleted without informing anyone, disclosing their identity, or satisfying any restrictions set forth in the application criteria. The nodes of the network can also join and participate freely and anonymously, typically in exchange for the native coin of the network.
Mandates that programmes that are already in use be given permission to join the network before being uninstalled abruptly at any time. The nodes that comprise the network and power the applications are openly and anonymously able to join and contribute, typically in exchange for the native cryptocurrency of the network.
Some of the common types of DLT networks include Blockchain, Hashgraph, Directed Acyclic Graph (DAG), Holochain, and Tempo. Blockchain is the most used type of DLT network.