Polygon Announces Major Partnership to Accelerate Web3 Adoption in India

Jio Platforms, a leading Indian tech subsidiary of Reliance Industries, has partnered with Polygon Labs to embrace blockchain and Web3 technologies.

This collaboration aims to incorporate blockchain solutions into Jio’s services, which reach over 450 million users, marking a significant move in India’s digital evolution.

Polygon’s blockchain capabilities will enable Jio to enhance user experiences across its applications. Jio CEO Kiran Thomas described the partnership as a transformative step in their digital journey, while Polygon Labs founder Sandeep Nailwal highlighted its potential to position India as a global leader in blockchain adoption.

Nailwal noted that Jio’s influence could accelerate the growth of daily on-chain users, a key metric for Web3 progress.

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This partnership is expected to drive decentralized applications in areas like digital payments and content creation. It comes alongside Indian Railways’ adoption of NFT-based tickets for the MahaKumbh Mela, showcasing blockchain’s potential to enhance event management with secure, tamper-proof solutions.

By collaborating with Polygon, Jio is setting the stage for blockchain to transform industries in India, further cementing the country’s role as a leader in Web3 innovation.

Alexander Zdravkov