Jio has over 450 million customers
| Photo Credit: Polygon Labs
Jio Platforms and blockchain developer Polygon Labs announced on Wednesday (January 15, 2025) a partnership that will allow Jio to bring Web3 capabilities to some apps, while also making use of Polygon’s blockchain solutions for Jio users in India. Jio currently has over 450 million customers in the country.
Web3 envisions the internet as a space where blockchain technologies and other decentralised tools and systems become mainstream.
Polygon also owns its cryptocurrency called POL (formerly MATIC). POL’s price rose by 4.82% in the past day to reach $0.4786.
“Joining forces with Polygon Labs marks a significant milestone in Jio’s journey towards digital excellence. We are excited to explore the boundless possibilities of Web3 and bring unparalleled digital experiences to our users,” said Jio Platforms CEO Kiran Thomas.
“This is a significant step forward for web3 adoption in India. We look forward to working with Jio as they introduce Web3 to their millions of customers,” said Polygon founder Sandeep Nailwal.
Published – January 16, 2025 10:51 am IST
