Indian Telecom Giant Jio Joins Hands With Polygon to Bring Web3 to Over 450M Users
Jio Platforms Partners with Polygon Labs to Advance Web3 Adoption in India
In a groundbreaking move, Jio Platforms (JPL), the digital services arm of Reliance Industries, has announced a strategic partnership with Polygon Labs, the team behind Polygon Protocols. This collaboration aims to bring Web3 and blockchain services to Jio’s extensive user base of over 450 million customers in India.
JPL, led by CEO Kiran Thomas, is a subsidiary of Reliance Industries, chaired by billionaire Mukesh Ambani, one of Asia's richest individuals. The partnership is poised to integrate Polygon’s cutting-edge blockchain technology into Jio’s existing applications and services, enhancing user experiences and embracing the future of the internet.
Driving Web3 Innovation in India
Speaking on the partnership, Kiran Thomas remarked:
“Partnering with Polygon Labs is a major milestone for Jio as we strive for digital excellence. We are excited to explore the limitless opportunities of Web3 and deliver exceptional digital experiences to our users.”
Polygon’s co-founder, Sandeep Nailwal, also emphasized the significance of the collaboration:
“This is a significant step forward for Web3 adoption in India. We look forward to collaborating with Jio as they introduce Web3 to millions of customers.”
What Is Web3?
Web3 represents the next evolution of the internet, built on decentralized technologies like blockchain. It offers users more control over their data, improved security, and new ways to interact online. The integration of Web3 by a major player like Jio could accelerate its adoption in India, a country already experiencing rapid digital transformation.
This collaboration highlights the growing importance of blockchain in shaping the future of technology and reaffirms India’s position as a global hub for innovation in the digital space.
Stay tuned as Jio and Polygon work together to redefine digital experiences for millions.