• 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

Retail Investors Face Billions in Losses from TRUMP and MELANIA Memecoins

chest

Retail investors have incurred over $4 billion in losses on the official TRUMP and MELANIA memecoins, which have plummeted significantly since their launch.

user avatarElias Mukuru

Bitcoin Spot ETFs Face Largest Drawdown in History

chest

Bitcoin spot ETFs have experienced the largest drawdown in history, with a decline of 100,300 BTC following the October all-time high, reflecting a risk-off environment and institutional derisking.

user avatarDiego Alvarez

t54ai Introduces x402 Facilitator for Seamless AI Payments on XRP Ledger

chest

t54ai has launched an innovative x402 facilitator on the XRP Ledger, enabling AI agents to pay for API calls and digital services using XRP or RLUSD.

user avatarKenji Takahashi

Bitcoin Lightning Network Sees Surge in Monthly Transactions

chest

In November 2023, the Bitcoin Lightning Network saw a surge with over 11 billion transactions processed, indicating increased adoption by larger players.

user avatarMaria Fernandez

Capitulation Risk Grows for Ethereum Whales Amid Unrealized Losses

chest

Capitulation risk grows for Ethereum whales amid unrealized losses.

user avatarGustavo Mendoza

Exchange Inflows and Liquidity Dynamics Impact XRP Market

chest

A recent CryptoQuant report highlights the impact of exchange inflows and liquidity dynamics on XRP's market behavior, indicating that spikes in inflows may precede volatility expansion.

user avatarRajesh Kumar

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.