Hassan Maishera
On Thursday, Polygon Labs announced via X that it has India's largest telecom company, Jio, for its web3 debut. Jio Platforms Ltd. (JPL), a multinational technology company and a subsidiary of Reliance Industries Limited, will work with Polygon Labs for its Web3 and blockchain debut in India.
The partnership would aim to add Web3 capabilities to some of the existing applications and services owned and operated by JPL by leveraging Polygon’s cutting-edge blockchain solutions to create innovative Web3 services for Jio’s existing 450+ million customers.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is up 4.6% in the last 24 hours and trades at $0.4790.
