Key Highlights:
- Jio has joined hands with Polygon Labs to enhance its user experience.
- This partnership signifies a pivotal move towards adopting Web3 technologies in India.
Jio Platforms (JPL), a leading Indian telecom firm, is making strides to improve the digital experience for more than 450 million users. It is a subsidiary of the energy giant Reliance Industries, which is headed by one of Asia's wealthiest individuals, Mukesh Ambani, and his family.
With this collaboration, Polygon Labs will assist Jio in integrating advanced blockchain capabilities into its current services. This initiative will utilize Polygon’s cutting-edge technology to deliver innovative Web3 functions across Jio's app ecosystem.
Kiran Thomas, CEO of JPL, expressed, "Collaborating with Polygon Labs marks a pivotal point for Jio as we aim for digital excellence. We are thrilled to tap into the vast potential of Web3 to provide outstanding digital experiences for our users."
Sandeep Nailwal, co-founder of Polygon, emphasized the importance of this partnership, stating, "This is a significant step forward for Web3 adoption in India. We are eager to work with Jio to introduce Web3 to millions of customers."
Web3 represents the upcoming phase of the internet, which leverages decentralized technologies, including blockchain, to give users more control over their data and online activities.