Reliance Jio, part of Mukesh Ambani’s conglomerate, has teamed up with Polygon Labs to incorporate blockchain and Web3 technology into its offerings. Jio announced this alliance on January 16, 2025, marking a significant advancement in its efforts to enhance services for its 450 million Indian subscribers.
Jio’s collaboration seeks to provide users with more tailored, safe, and enjoyable digital experiences. Polygon Labs will assist Jio in incorporating Web3 features into its applications, providing benefits such as increased privacy, data control, and access to innovative services, all while keeping customers’ experience simple.
Kiran Thomas, CEO of Jio Platforms, expressed his excitement about the potential of Web3 to provide unparalleled digital experiences. Sandeep Nailwal, co-founder of Polygon, stressed how this relationship will enable Jio customers to reap the benefits of Web3 without having to deal with the underlying infrastructure’s complexities.
This project expects Polygon’s blockchain, renowned for its low costs and speedy transactions, to play a significant role. The collaboration also follows recent successful blockchain efforts in India, like the Polygon blockchain-based NFT rail tickets issued by Indian Railways. This relationship represents a growing trend of blockchain usage in India, with Jio at the forefront of bringing these innovations to millions of customers.
