{"id":495143,"date":"2025-01-16T11:04:27","date_gmt":"2025-01-16T05:34:27","guid":{"rendered":"https:\/\/inc42.com\/?p=495143"},"modified":"2025-01-16T13:39:01","modified_gmt":"2025-01-16T08:09:01","slug":"jio-partners-polygon-labs-to-offer-web3-services-to-users","status":"publish","type":"post","link":"https:\/\/inc42.com\/buzz\/jio-partners-polygon-labs-to-offer-web3-services-to-users\/","title":{"rendered":"Jio Partners Polygon Labs To Offer Web3 Services To Users"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Reliance Industries\u2019 Jio has partnered with Sandeep Nailwal-led Polygon Labs to bring Web3 capabilities to some of its existing applications and services.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cJoining forces with Polygon Labs marks a significant milestone in Jio&#8217;s journey towards digital excellence. We are excited to explore the boundless possibilities of Web3 and bring unparalleled digital experiences to our users,\u201d said Kiran Thomas, CEO at Jio Platforms.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Aishwary Gupta, global head of payment and fintech and ecosystem business development for India at Polygon Labs told Inc42, \u201cThe 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.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To note, earlier this week, telecom giant Reliance Jio also <\/span><a href=\"https:\/\/inc42.com\/buzz\/reliance-jio-rolls-out-5g-services-at-siachen-glacier\/\"><span style=\"font-weight: 400;\">rolled out its 4G and 5G services<\/span><\/a><span style=\"font-weight: 400;\"> at the Siachen glacier.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A month ago, gaming giant Nazara Technologies and blockchain startup Lysto signed a letter of intent to launch \u2018<\/span><a href=\"https:\/\/inc42.com\/buzz\/nazara-lysto-join-hands-to-expand-web3-play\/\"><span style=\"font-weight: 400;\">The Growth Protocol<\/span><\/a><span style=\"font-weight: 400;\">\u2019, a blockchain-focused protocol for digital marketing and growth applications in the Web3 ecosystem.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries\u2019 Jio has partnered with Sandeep Nailwal-led Polygon Labs to bring Web3 capabilities to some of its existing applications&hellip;<\/p>\n","protected":false},"author":88144,"featured_media":495146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"title":"Jio Partners Polygon Labs To Offer Web3 Services To Users","image":"https:\/\/inc42.com\/cdn-cgi\/image\/quality=75\/https:\/\/asset.inc42.com\/2025\/01\/Jio-5.5G-featured.jpeg","author_url":"https:\/\/inc42.com\/author\/anne-florentyna\/","author_name":"Anne 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