In a landmark collaboration, Polygon Labs has joined forces with Reliance Jio, India’s largest telecom operator, to integrate blockchain technology into Jio’s infrastructure. Serving approximately 450 million users, Jio plans to leverage Polygon’s blockchain capabilities to enhance its existing applications and services with Web3 features.
Announced on January 15, the partnership aims to explore Web3’s potential to deliver unparalleled digital experiences. Kiran Thomas, CEO of Jio Platforms Ltd, called this an opportunity to unlock “boundless possibilities” for users.
Simplifying Web3 for the Masses
The partnership focuses on making Web3 technology accessible and user-friendly. Aishwary Gupta, global head of Payments at Polygon Labs, highlighted that Jio will build applications on Polygon’s blockchain infrastructure. This will enable users to interact with blockchain-based solutions seamlessly, without facing the technical complexities traditionally associated with Web3.
This isn’t just big news. It’s huge news.
For those who don’t know the Indian market, this is like saying that Google will be using Polygon PoS for certain apps and services.
This is already live on PoS. More about the product and bringing 450 million people to PoS soon.… https://t.co/w8QhkUeWeH
— Degen CEO of Polygon Labs (※,※) (@0xMarcB) January 16, 2025
Polygon CEO Marc Boiron confirmed in a January 16 post that the integration is already live on Polygon’s proof-of-stake network.
A Game-Changer for Blockchain Adoption
Reliance Jio’s adoption of blockchain is a major step toward mass adoption in India. Polygon’s scalable and energy-efficient technology is well-suited for a market as vast as India’s, and the collaboration is already gaining attention within the blockchain community.
The native token of Polygon, POL, surged by over 5% on the day of the announcement, reflecting growing investor confidence in the project’s future.
Reliance’s Blockchain Journey
Reliance Industries, helmed by Mukesh Ambani, has a history of technological innovation, from leading India’s 4G revolution to exploring blockchain’s potential. The conglomerate previously invested in Vakt Holdings Limited, a U.K.-based distributed ledger technology firm, to digitise energy trading.
Additionally, Akash Ambani, the eldest son of Mukesh Ambani, has publicly supported blockchain and cryptocurrency, further solidifying Reliance’s commitment to exploring this space.
Driving the Future of Web3 in India
This partnership between Polygon and Reliance Jio sets the stage for blockchain’s integration into everyday applications for millions. By simplifying Web3 interactions and focusing on scalability, the collaboration could redefine how Indians experience digital technology.
With a shared vision for innovation, this alliance signals a promising future for blockchain adoption at scale.
