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Jio Platforms Partners Polygon Labs To Offer Web3 Services

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SUMMARY

Reliance Industries’ Jio Platforms has partnered with Sandeep Nailwal-led Polygon Labs to bring Web3 capabilities to some of its existing applications and services

Launched in 2017, Polygon intends to offer a comprehensive suite of solutions for developers and users

Earlier this week, telecom giant Reliance Jio also rolled out its 4G and 5G services at the Siachen glacier

Reliance Industries’ Jio Platforms has partnered with Sandeep Nailwal-led Polygon Labs to bring Web3 capabilities to some of its existing applications and services.

“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 Kiran Thomas, CEO at Jio Platforms.

Launched in 2017 by Sandeep Nailwal, Jaynti D Kanani and Anurag Arjun, Polygon intends to offer a comprehensive suite of solutions for developers and users to meet the requirements of Web3 and aims to become the AWS of the Web3 space.

Aishwary Gupta, global head of payment and fintech and ecosystem business development for India at Polygon Labs told Inc42, “The idea for us is to get people in India to leverage the blockchain technology on Polygon and add additional functionalities to the existing product suite of Jio to make it better and rewarding for the users.”

This development comes at a time when Jio Platforms has scaled up its digital play in the past year by launching a clutch of new offerings, including AI cloud services, 4G feature phones and Bluetooth tracker JioTag Go.

To note, earlier this week, telecom giant Reliance Jio also rolled out its 4G and 5G services at the Siachen glacier. 

Furthermore, there has been a growing interest in forging partnerships with blockchain and Web3 startups for the innovation of new tech advancements, where artificial intelligence is overtaken by generative AI and Web3 ecosystem.

A month ago, gaming giant Nazara Technologies and blockchain startup Lysto signed a letter of intent to launch ‘The Growth Protocol’, a blockchain-focused protocol for digital marketing and growth applications in the Web3 ecosystem.





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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Jio Platforms Partners Polygon Labs To Offer Web3 Services


SUMMARY

Reliance Industries’ Jio Platforms has partnered with Sandeep Nailwal-led Polygon Labs to bring Web3 capabilities to some of its existing applications and services

Launched in 2017, Polygon intends to offer a comprehensive suite of solutions for developers and users

Earlier this week, telecom giant Reliance Jio also rolled out its 4G and 5G services at the Siachen glacier

Reliance Industries’ Jio Platforms has partnered with Sandeep Nailwal-led Polygon Labs to bring Web3 capabilities to some of its existing applications and services.

“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 Kiran Thomas, CEO at Jio Platforms.

Launched in 2017 by Sandeep Nailwal, Jaynti D Kanani and Anurag Arjun, Polygon intends to offer a comprehensive suite of solutions for developers and users to meet the requirements of Web3 and aims to become the AWS of the Web3 space.

Aishwary Gupta, global head of payment and fintech and ecosystem business development for India at Polygon Labs told Inc42, “The idea for us is to get people in India to leverage the blockchain technology on Polygon and add additional functionalities to the existing product suite of Jio to make it better and rewarding for the users.”

This development comes at a time when Jio Platforms has scaled up its digital play in the past year by launching a clutch of new offerings, including AI cloud services, 4G feature phones and Bluetooth tracker JioTag Go.

To note, earlier this week, telecom giant Reliance Jio also rolled out its 4G and 5G services at the Siachen glacier. 

Furthermore, there has been a growing interest in forging partnerships with blockchain and Web3 startups for the innovation of new tech advancements, where artificial intelligence is overtaken by generative AI and Web3 ecosystem.

A month ago, gaming giant Nazara Technologies and blockchain startup Lysto signed a letter of intent to launch ‘The Growth Protocol’, a blockchain-focused protocol for digital marketing and growth applications in the Web3 ecosystem.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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