Indian telecom and technology company Jio Platforms (JPL) is taking significant steps to improve the digital experience of its more than 450 million users.
Jio Platforms is a wholly owned subsidiary of energy giant Reliance Industries. Reliance is run by one of Asia’s richest men, Mukesh Ambani, and his family.
Jio has partnered with Polygon Labs, the development team behind Polygon Protocols, to launch its Web3 and blockchain services in India, the company announced on Thursday.
This collaboration will leverage Polygon’s advanced blockchain technology to add innovative Web3 features to select existing Jio Platform applications and services.
Kiran Thomas, CEO, JPL, said, “The partnership with Polygon Labs is a major milestone for Jio as we strive for digital excellence. We are excited to explore the limitless opportunities of Web3 and deliver exceptional digital experiences to our users.
Polygon co-founder Sandeep Nailwal expressed his excitement about the partnership saying, “This is an important step towards Web3 adoption in India. We look forward to partnering with Jio as they introduce Web3 to millions of customers.
Web3 is the next generation of the Internet based on decentralized technologies, like blockchain, that allow users to learn more about their data and online interactions.
