Jio partners with Polygon Labs to offer Web3 solutions to Jio users

Jio Platforms and blockchain developer Polygon Labs announced connected Wednesday (January 15, 2025) a concern that volition let Jio to bring Web3 capabilities to immoderate apps, while besides making usage of Polygon’s blockchain solutions for Jio users successful India. Jio presently has implicit 450 cardinal customers successful the country.

Web3 envisions the net arsenic a abstraction wherever blockchain technologies and different decentralised tools and systems go mainstream.

Polygon besides owns its cryptocurrency called POL (formerly MATIC). POL’s terms roseate by 4.82% successful the past time to scope $0.4786.

“Joining forces with Polygon Labs marks a important milestone successful Jio’s travel towards integer excellence. We are excited to research the boundless possibilities of Web3 and bring unparalleled integer experiences to our users,” said Jio Platforms CEO Kiran Thomas.

“This is simply a important measurement guardant for web3 adoption successful India. We look guardant to moving with Jio arsenic they present Web3 to their millions of customers,” said Polygon laminitis Sandeep Nailwal.

Published - January 16, 2025 10:51 americium IST