KEY TAKEAWAYS
- Jio Platforms Ltd. partners with Polygon Labs to enter the Web3 and blockchain space in India.
- The collaboration aims to integrate Web3 capabilities into Jio’s existing applications, leveraging Polygon’s blockchain solutions.
- This partnership is expected to enhance digital experiences for Jio’s 450 million users.
- Both companies express enthusiasm about advancing Web3 adoption in India through this strategic alliance.
Jio Platforms Ltd. (JPL), a subsidiary of Reliance Industries Limited, has announced a strategic partnership with Polygon Labs, the developer arm of Polygon Protocols. This collaboration marks JPL’s debut in the Web3 and blockchain space in India.
The partnership aims to integrate Web3 capabilities into some of JPL’s existing applications and services. By leveraging Polygon’s advanced blockchain solutions, Jio Platforms intends to create innovative Web3 services for its extensive customer base of over 450 million users.
Kiran Thomas, CEO of JPL, commented on the partnership, stating, “Joining forces with Polygon Labs marks a significant milestone in Jio’s journey towards digital excellence. We are excited to explore the boundless possibilities of Web3 and bring unparalleled digital experiences to our users.”
Polygon’s founder, Sandeep Nailwal, also expressed enthusiasm about the collaboration. He noted, “This is a significant step forward for Web3 adoption in India. We look forward to working with Jio as they introduce Web3 to their millions of customers.”
The partnership was officially announced here.
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
