Jio Platforms Partners with Polygon to Boost Web3 in India

Jio Platforms partners with Polygon to bring Web3 and blockchain solutions to India, enhancing services for 450 million users.

Reliance Jio Platforms, a subsidiary of Reliance Industries, has announced a new partnership with Polygon Labs to bring Web3 and blockchain solutions to India. This partnership aims to drive Jio’s services using advanced blockchain technology. With this collaboration, over 450 million Jio users will benefit from Web3 technology.

The announcement was made on January 15, 2025, and marks a major step towards increasing the use of Web3 in India. Polygon’s blockchain technology will then be integrated within Jio’s existing applications and services. Doing this, Jio is looking to build new and innovative Web3 services. By using these services, this will improve the digital experience for millions of users in India.

Jio is known for its different digital services in India. The company now hopes to enhance its services by leveraging the power of the Polygon technology—making them more secure, faster, and decentralized. Additionally, it could benefit those who depend on Jio for mobile communication, internet services, and so on.

Polygon and Jio Shape the Future of Web3 Services in India

Polygon Labs is the development arm of Polygon, the company developed to provide Blockchain solutions that allow to building of scaled decentralized applications (dApps) and services on blockchain platforms. By partnering the network with Jio, the latter will be able to bring Polygon’s blockchain to its base. In this way, it will allow users to benefit from more advanced Web3 services on its platforms.

It is also an important moment for the Indian Web3 adoption. Web3 is the next generation of the internet that puts the power of user data and digital assets into the hands of users. Further, it is on decentralized networks and can offer a new way to think about how services are provided online.

Kiran Thomas, CEO of Jio Platforms, is excited about the partnership. Joining hands with Polygon is an important milestone in Jio’s digital journey, he said. He also spoke of the company’s interest in looking at the potential of Web3. In addition, this partnership will bring new experiences to Jio’s massive customer base.

Polygon founder Sandeep Nailwal also spoke about the partnership. This collaboration is a big step for Web3 in India, he said. Further, he hopes to partner with Jio to launch Web3 services in front of millions of customers.

Ultimately, this will give rise to new opportunities for digital growth in India and bring blockchain and Web3 solutions to a wider audience. Jio and Polygon are at the forefront of digital innovation as more services go decentralized.

Source: https://www.livebitcoinnews.com/jio-platforms-partners-with-polygon-to-boost-web3-in-india/