Jio Platforms Enters Web3 with Polygon Labs Partnership
By Rediff Money Desk, New Delhi Jan 16, 2025 11:32
Jio Platforms partners with Polygon Labs to bring Web3 technology to its 450 million customers in India, offering new digital experiences.

Photograph: Shailesh Andrade/Reuters
New Delhi, Jan 16 (PTI) Jio Platforms Ltd has partnered with Polygon Labs, the developer arm of Polygon Protocols, for its debut in Web3 technology in India, Polygon Labs said on Thursday.
Under the partnership, Jio Platforms plans to add Web3 capabilities to some of its existing applications and services, owned and operated by the RIL Group firm, for its over 450 million customers.
"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," JPL CEO Kiran Thomas said.
The Web3 technology is built on blockchain technology that enables seamless access and control of a technology platform from multiple points without any compromise on security and experience. It also gives users control over their data.
Polygon is known for developing a blockchain layer to scale up the cryptocurrency platform Ethereum.
"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," Polygon's co-founder Sandeep Nailwal said.
Under the partnership, Jio Platforms plans to add Web3 capabilities to some of its existing applications and services, owned and operated by the RIL Group firm, for its over 450 million customers.
"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," JPL CEO Kiran Thomas said.
The Web3 technology is built on blockchain technology that enables seamless access and control of a technology platform from multiple points without any compromise on security and experience. It also gives users control over their data.
Polygon is known for developing a blockchain layer to scale up the cryptocurrency platform Ethereum.
"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," Polygon's co-founder Sandeep Nailwal said.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.12 ( -3.70)
- 28487876
- Srestha Finvest
- 0.65 ( -5.80)
- 17244407
- Murae Organisor
- 1.85 (+ 4.52)
- 16017942
- Quadrant Televenture
- 0.52 (+ 4.00)
- 15423224
- Sunshine Capital
- 0.86 ( -4.44)
- 12894409
MORE NEWS

Coffee Day Enterprises Negotiating Settlement...
Coffee Day Enterprises is negotiating a settlement with IDBI Trusteeship Services in...

India Steel Industry Worried Over US Tariffs
The Indian Steel Association expresses deep concern over the US decision to impose...

Bata India Q3 Profit Up 1.2% to Rs 59 cr -...
Bata India reported a 1.2% rise in Q3 net profit to Rs 58.7 crore, driven by volume-led...