India’s Reliance Jio partners with Polygon for blockchain growth

Jio Platforms CEO, Kiran Thomas, expressed enthusiasm for leveraging Web3 capabilities, while Polygon CEO, Marc Boiron, confirmed the collaboration is already operational, highlighting a significant step in blockchain adoption in India.

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Polygon Labs has partnered with Reliance Jio, India’s largest telecom operator, to bring blockchain and Web3 capabilities to its extensive infrastructure. Serving over 450 million users, Jio plans to integrate Polygon’s technology to enhance its applications and services, creating seamless access to Web3 innovations without exposing users to its complexities.

Jio Platforms CEO Kiran Thomas expressed enthusiasm for exploring the vast potential of Web3 to deliver exceptional digital experiences. Meanwhile, Polygon CEO Marc Boiron noted the collaboration is already live on the network, reflecting significant strides for blockchain adoption in India. The development has also boosted confidence within the Polygon community, with its native token, POL, rising over 5% in response.

Reliance Industries, led by Mukesh Ambani, has a strong history of technological innovation, from revolutionising India’s 4G sector to exploring blockchain’s potential in energy trading. Akash Ambani, Mukesh Ambani’s eldest son, has also championed blockchain and cryptocurrency, hinting at further blockchain-driven projects from the telecom giant.