Indian technology and telecom 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 said on Thursday.
This collaboration will leverage Polygon’s advanced blockchain technology to add innovative Web3 capabilities to some of Jio Platform’s existing applications and services.
Kiran Thomas, CEO, JPL, said, “The partnership with Polygon Labs is an important milestone for Jio in our endeavor to achieve 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 excitement about the partnership and said, “This is an important step forward for Web3 adoption in India. We look forward to collaborating with Jio as they introduce Web3 to millions of customers.”
Web3 is the next generation of the Internet based on decentralized technologies, such as blockchain, allowing users to have more information about their data and online interactions.
