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Cryptocurrency News Articles

Reliance Jio Platforms Partners with Polygon Labs for Web3 Revolution in India

Jan 16, 2025 at 02:35 pm

Reliance's Jio Platforms announced on Jan 15 its strategic partnership with Polygon Labs. The collaboration aims to revolutionize India's digital landscape by introducing Web3 and blockchain-powered services to Jio's massive user base of 450 million.

Telecom giant Reliance Jio Platforms is making its debut in the Web3 space by joining forces with Polygon Labs. This collaboration will bring blockchain capabilities to select Jio apps and services, impacting over 450 million users in India.

Key Highlights

Reliance Jio Platforms (JPL), a subsidiary of Indian conglomerate Reliance Industries, announced on Monday a strategic partnership with Polygon Labs to integrate Web3 and blockchain solutions into Jio’s services.

This collaboration marks a significant step in Web3 adoption in India, with Jio being the country’s largest telecom operator. The partnership will see Polygon’s Proof-of-Stake (PoS) blockchain being integrated into select Jio apps and services.

By leveraging Polygon’s blockchain technology, Jio aims to enhance digital experiences for its vast user base, creating new possibilities for Web3 applications in India.

“This partnership is a testament to Jio’s commitment to bringing cutting-edge technologies to our users and to our vision of a truly connected India,” said Kiran Thomas, CEO of JPL.

“We are excited to explore the boundless possibilities of Web3 and bring unparalleled digital experiences to our users.”

This collaboration comes as Jio is expanding its footprint in the Web3 and blockchain space. In 2023, the company launched Jio TrueConnect, an anti-spam solution that utilizes blockchain technology to combat spam calls and messages.

This initiative aligns with the government’s efforts to promote blockchain adoption and培育 a vibrant Web3 ecosystem in the country.

Polygon, known for its Ethereum scaling solution, has also been actively involved in promoting blockchain adoption in India.

During the Maha Kumbh Mela in 2025, Indian Railways partnered with Chaincode Consulting to integrate blockchain technology. This partnership saw Polygon’s blockchain being used to issue NFT-based train tickets, enabling millions of pilgrims to attend the festival seamlessly.

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Other articles published on Jan 16, 2025