Jio Platforms, under Mukesh Ambani, teams up with Polygon Labs to integrate blockchain technology, enhancing services for its 450 million users. The collaboration aims to explore Web3 potential and introduce digital assets like JioCoin.

On January 16, X users noticed the incorporation of JioCoin into JioSphere, which is Jio’s own web browser. This advancement comes after Jio’s recent partnership with Polygon Labs, focused on improving its services with blockchain and Web3 features.

Mukesh Ambani-led Reliance Industries' technology subsidiary Jio Platforms recently announced a partnership with Polygon Labs, the developer arm of Polygon Protocols for its Web3 and blockchain debut in India.

Indian telecom giant Jio Platforms, owned by billionaire Mukesh Ambani, launched its reward-based token, JioCoin, on the Polygon network. On Jan. 16, users on X noticed JioCoin integrated into Jio’s proprietary JioSphere browser.

Mukesh Ambani-led Reliance Jio, India’s dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio’s proprietary JioSphere browser,

JioCoin, backed by Mukesh Ambani's Reliance Industries and Polygon Labs, is generating buzz as a potential game-changer in India’s digital economy. Positioned as a utility token, it could power services like JioMart,

Jio Platforms Ltd (JPL) a technology company and a subsidiary of Reliance Industries Limited, has entered a strategic partnership with Polygon Labs, the developer arm of Polygon Protocols for its Web3 and blockchain debut in India.