• 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

9 months 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.

Other news

Bonk Set for Potential Price Surge

chest

Bonk, a meme coin on the Solana blockchain, is predicted to surge to $0.000005 by November 2025, driven by technical indicators and community engagement.

user avatarTando Nkube

Ethereum ETH and Solana SOL Strengthen Market Position

chest

Ethereum ETH is trading near $3,990 following significant deposits into DeFi lending protocols, while Solana SOL has seen a surge in DEX volume, reinforcing its role in institutional banking.

user avatarKofi Adjeman

XRP Faces Bearish Momentum Amid Whale Selloff

chest

XRP has experienced a significant price drop due to large selloffs by whales, leading to bearish market sentiment.

user avatarSatoshi Nakamura

George Kikvadze Predicts Bitcoin Could Reach $10 Million

chest

George Kikvadze, Executive Vice Chairman of Bitfury, predicts Bitcoin's value could soar to $10 million, citing monetary debasement as a driving factor.

user avatarNguyen Van Long

Bitcoin Sees Nearly 7,500 New Developers in 2023

chest

Bitcoin's developer base has grown with nearly 7,500 new developers joining in 2023, reflecting ongoing interest and contributions to its development.

user avatarRajesh Kumar

Solana Emerges as Second Most Preferred Destination for Developers

chest

Solana has attracted over 11,500 new developers, making it the second most preferred destination for developers in 2023. However, concerns about the accuracy of this data have been raised.

user avatarJesper Sørensen

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.