• 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

a year 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

Starknet Introduces strkBTC: A New Bitcoin Token with Privacy Features

chest

Starknet has introduced strkBTC, a Bitcoin-based token designed to enhance user privacy on its Ethereum layer-2 network.

user avatarMohamed Farouk

Block Inc Projects Up to $500 Million in Restructuring Charges

chest

Block Inc expects to incur between $450 million and $500 million in restructuring charges related to workforce reduction, primarily due to severance and other costs.

user avatarDiego Alvarez

Block Inc to Cut Over 4,000 Jobs in Major Restructuring

chest

Block Inc has announced that it will cut more than 4,000 jobs as part of a broad restructuring plan.

user avatarElias Mukuru

Market Analysts Cautious Despite XLM's Recent Bounce

chest

Market analysts express caution despite XLM's recent price bounce due to derivatives positioning and technical indicators.

user avatarArif Mukhtar

Solana's Pacific Backbone Infrastructure Aims to Attract APAC Institutions

chest

Solana Company HSDT has announced the launch of Pacific Backbone, a low-latency infrastructure aimed at attracting APAC institutions.

user avatarGustavo Mendoza

Solana's Real World Asset Ecosystem Hits Historic Levels

chest

Solana's Real World Asset ecosystem has reached an all-time high of over $171 billion in total value, indicating significant growth and institutional interest.

user avatarKenji Takahashi

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.