Discover how Reliance Jio’s partnership with Polygon Labs is set to revolutionize digital services using blockchain technology, offering secure and transparent solutions to 450 million users.
Reliance Jio Coin: Bringing Web3 Revolution to 450 Million Users.
Reliance Jio Coin: Bringing Web3 Revolution to 450 Million Users
Reliance Industries’ digital arm, Jio Platforms, has announced a strategic partnership with blockchain company Polygon Labs. This collaboration aims to provide advanced Web3 services to over 450 million Jio users, enhancing their digital experience.
Significance of the Reliance-Polygon Partnership
According to Aishwarya Gupta, Global Head of Payments at Polygon Labs, this partnership enables Reliance to leverage Polygon’s blockchain infrastructure. This integration will enhance Jio’s existing applications and services, delivering a more secure and transparent experience to users.
Future of Blockchain in Jio Services
While details about Web3 products remain confidential, Gupta revealed that the collaboration will extend beyond cryptocurrencies and virtual digital assets (VDAs), exploring diverse blockchain use cases.
Polygon’s Journey and Web3’s Future
Founded in 2017 as Matic Network and rebranded as Polygon in 2021, the company raised approximately $450 million during a 2022 funding round. With Web3 poised as the next generation of the internet, this partnership strengthens Jio’s contribution to Digital India by introducing advanced blockchain-based services.
How to Earn Jio Coins?
Currently, Jio Coins are not available for trading on marketplaces. However, users can earn free Jio Coins by using the JioSphere Browser. As a reward for browsing, users will receive Jio Coins, which can be claimed once listed in the market.
FAQs
1. What is Jio Coin?
Jio Coin is a blockchain-based token introduced by Reliance Jio to encourage users to explore the digital ecosystem using JioSphere Browser.
2. How can I earn Jio Coins?
Simply download and use the JioSphere Browser. You’ll earn Jio Coins as a reward for browsing websites and content.
3. Can I trade Jio Coins?
Currently, Jio Coins are not available for trading. However, you can claim and use them once they are officially listed.
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