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Jio Platforms Collaborates with Polygon Labs to Bring Web3 Solutions

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by A1

12 hours ago


Jio Platforms Limited has formed a strategic partnership with Polygon Labs to integrate Web3 and blockchain technologies across its services, reaching over 450 million users.

A Leap Towards Digital Excellence

The collaboration with Polygon Labs marks an ambitious move by Jio to enhance its digital services through Web3. Kiran Thomas, CEO of JPL, stated that this partnership reflects Jio’s commitment to 'digital excellence'.

Polygon Labs will support Jio and work closely to integrate blockchain across its various applications to unlock the potential of blockchain-based solutions.Sandeep Nailwal

What the Partnership Entails

Jio will leverage Polygon’s solutions to upgrade existing applications, making them faster and more secure. The expansion is expected to cover sectors like payments, NFT marketplaces, and decentralized communities.

We have done everything which was Web3 while working with 60 brands. Users do not know that they're interacting with Polygon since it is in the backend.Aishwary Gupta

The Technical Edge of Polygon

Founded as Matic Network and rebranded as Polygon in 2021, the company has become a key player in the blockchain space due to its low transaction fees and fast processing speeds, making it ideal for high-volume services like those of Jio.

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.Kiran Thomas

The partnership between Jio and Polygon signifies a strategic advance in digital technologies and aims to create new opportunities for Web3 users.

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