Polygon and Jio bring blockchain to 450 million users in India

Polygon Labs has partnered with Reliance Jio, India’s largest telecom provider, to introduce blockchain and Web3 technologies to over 450 million users across the country.

The collaboration aims to integrate Polygon’s scalable blockchain solutions into Jio’s digital services, focusing on balancing speed, scalability, and affordability without sacrificing decentralisation.

“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 of Jio Platforms.

“This is a significant step forward for web3 adoption in India. We look forward to working with Jio as they introduce Web3 to their millions of customers,” Polygon’s co-founder Sandeep Nailwal described the partnership as a major step for Web3 adoption in India.

The integration will begin with blockchain-based features in the JioSphere web browser, a move that would be more complex and costly using traditional methods.

Polygon is investing in zero-knowledge technology to ensure faster and cheaper transactions while maintaining security and decentralisation.

“Scalability and decentralisation don’t have to be either-or, and that’s exactly the balance we’re focused on at Polygon,” Nailwal emphasised.  

The partnership is designed to develop use cases that resonate with India’s diverse population, gradually onboarding users to blockchain based on real-world applications.

“The key challenge is making blockchain as seamless and accessible as Web2 without compromising what makes it special,” Nailwal highlighted, also addressing blockchain’s potential to tackle challenges like misinformation and deepfakes.

Web3 technology, built on decentralised systems, empowers users with greater control over their data and digital assets, unlike traditional internet models dominated by centralised platforms.