Paytm is the biggest e-commerce platform in India with a vast user base across all verticals. Their product is its own cryptocurrency, Paytm Future Cryptocurrency.
This cryptocurrency is not a digital currency that can be exchanged for anything. Unlike Bitcoin and other digital currencies, it does not have any value on its own. Therefore, it does not have any real utility as a currency for payments or anything else. This is because Paytm Future Cryptocurrency is essentially a digital representation of the physical payments done by Paytm users on its platform.
The value of this cryptocurrency will be determined by the rate at which Paytm users are willing to use it to make transactions in the future with other Paytm users on the platform. It can then be used as a means of payment to perform these transactions if and when they are necessary (e.g., when you want to buy something).
Paytm is a mobile wallet and has its own cryptocurrency called Paytm Cash. It is an app that allows you to store and transfer money with ease. The company was founded in 2013 by Vijay Shekhar Sharma and has over 500 million users. The company was valued at $1 billion in 2017.
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