• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Jio Platforms partners with Polygon Labs for Web3 Integration

user avatar

by Giorgi Kostiuk

2 years ago


Jio Platforms Limited (JPL), India's largest mobile network operator, announced a strategic partnership with Polygon Labs to integrate blockchain and Web3 technologies across its services.

A Leap Towards Digital Excellence

JPL aims to leverage Polygon's technology to enhance its digital services, providing improved experiences for over 450 million customers. According to Kiran Thomas, CEO of JPL, the partnership embodies Jio's commitment to 'digital excellence', aiming to develop innovative, user-focused applications.

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.Kiran Thomas, CEO, Jio Platforms Ltd.

What the Partnership Entails

Jio plans to use Polygon's blockchain to enhance existing applications, making them faster, more personalized, and secure. This integration will provide users with benefits such as enhanced privacy and control over their data. Reports suggest that the technology could extend to other sectors, including payments, NFT marketplaces, and community building.

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, Global Head of Payments, Polygon Labs

Future of Jio's Digital Achievements

Polygon Labs, known for its scalable and cost-efficient blockchain protocols, is instrumental in enabling Jio’s vision. Polygon's co-founder, Sandeep Nailwal, noted that they are working closely with Jio to integrate blockchain across various applications.

The collaboration between Jio Platforms and Polygon Labs opens new opportunities for customers, providing access to innovative features and enhanced user experiences through Web3 technologies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SparkKitty Malware Campaign Exposed by Check Point

chest

A report from Check Point reveals the SparkKitty malware campaign targeting cryptocurrency users by scanning photos on infected devices for sensitive information.

user avatarRajesh Kumar

Shiba Inu Token Experiences Remarkable 22% Surge

chest

Shiba Inu has experienced a significant price increase of nearly 22% in just one week, marking a notable change after a long period of stagnation.

user avatarFilippo Romano

Congress Proposes AI Kill Switch Legislation

chest

Congress members propose the AI Kill Switch Act to give the federal government authority to shut down AI models.

user avatarEmily Carter

Frax Governance Discusses Proposal for Early Redemptions from Locked Ethereum Pools

chest

Frax governance is discussing a proposal for early redemptions from locked Ethereum pools with a 4% penalty fee directed to the Frax treasury.

user avatarTomas Novak

Frax Governance Proposes Morpho Lending Market for bdUSD and frxUSD

chest

Frax governance is discussing a proposal to create a Morpho lending market for bdUSD and frxUSD to enhance stablecoin liquidity and borrowing demand.

user avatarKaterina Papadopoulou

EigenLayers Forum Engages in ELIP018 Proposal Discussion

chest

The EigenLayers forum is currently engaged in a debate over the draft proposal ELIP018, which introduces a framework known as RETIRE, aimed at providing a terminal exit route for restakers.

user avatarMaya Lundqvist

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.