Jio and Polygon Labs Collaborate to Bring Web3 to 450 Million Users

user avatar

by Giorgi Kostiuk

2 years ago

Reliance Industries' digital arm, Jio Platforms, has announced a strategic partnership with Polygon Labs to introduce Web3 capabilities to its existing applications and services.

Jio Platform and Web3 Integration

The partnership will enable Jio to offer enhanced digital services, improving data control and transaction security. Polygon Labs' blockchain technology will be integrated into Jio's services, offering scalability, speed, and personalization.

Leaders' Statements

Kiran Thomas, CEO of Jio Platforms, stated, "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." Sandeep Nailwal, Founder of Polygon Labs, added, "This partnership represents a significant step forward for Web3 adoption in India and a signal for the rest of the world to follow suit."

Benefits for Users

With this partnership, Jio's 450 million users will be able to tap into the advantages of Web3, such as enhanced privacy and control over their data, and access to new, innovative, and potentially rewarding services.

The collaboration between Jio and Polygon Labs comes at a time when India is experiencing a surge in Web3 adoption, with over 1,000 startups emerging in this space. Such advancements in blockchain solutions expand to over 450 million users, gaining increasing significance.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Plex Media Server Vulnerabilities Exploited for Cryptojacking

Attackers are exploiting vulnerabilities in Plex Media Server to install unauthorized cryptocurrency miners and a Linux proxy backdoor.

user avatarTomas Novak

Super League Shareholders Approve Metaplanets Bitcoin Treasury Proposal

Super League shareholders approved a proposal for Metaplanets to contribute 2,100 BTC and $25 million to a new US-listed Bitcoin treasury platform.

user avatarKaterina Papadopoulou

Sophon Sets Withdrawal Deadline Ahead of Mainnet Shutdown

Sophon has set a deadline for users to withdraw their assets by November 25 ahead of the shutdown of its standalone chain.

user avatarMaya Lundqvist

Large Hyperliquid Trader Rebuilds Ethereum Short After Significant Losses

A trader on Hyperliquid rebuilt a substantial Ethereum short position worth approximately $16 million after incurring losses of around $469,000.

user avatarLeo van der Veen

Tron Surpasses Ethereum and Solana in Blockchain Fee Revenue

Tron has generated approximately $234 million in chain revenue over the past 30 days, surpassing Ethereum and Solana.

user avatarLi Weicheng

New Reporting Requirements Proposed for Crypto Holders in France

A proposed amendment would require crypto holders to declare self-custodied assets worth over €100,000, with penalties for non-compliance.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.