Asia's Richest Mukesh Ambani's 'Jio' Partners with Polygon for Blockchain Adoption

Source
Uk Jin

Summary

  • Reliance Jio has announced plans to integrate blockchain technology into its telecom services by forming a strategic partnership with Polygon.
  • Through the collaboration, Polygon Labs will integrate blockchain technology into various Jio applications.
  • Through this, Jio aims to provide web3 services to its 450 million customers.

India's richest man Mukesh Ambani's telecom company Reliance Jio is considering adopting blockchain technology. It is reported that Polygon (POL) will be used for the blockchain adoption.

On the 16th, the cryptocurrency-focused media outlet Cointelegraph reported that Indian telecom company Jio is collaborating with Polygon Labs to integrate blockchain technology into some of its existing services. In this process, Jio and Polygon Labs have also formed a strategic partnership.

Sandeep Nailwal, co-founder of Polygon, stated, "Polygon Labs will support Jio and integrate blockchain technology into various applications," adding, "Through this, we aim to provide web3 services to Jio's 450 million customers."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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