
Polygon and Jio Push Web3 for 450M Users
Polygon and Jio collaborate to bring Web3 to over 450 million Indian users, focusing on decentralisation, ZK tech and mass adoption.
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Introducing blockchain to Reliance Jio's more than 450 million customers: this is the goal of Polygon, which is laying the foundation for the widespread adoption of Web3 in India. The company continues to strive to strike a balance between speed, scalability and accessibility, without compromising decentralisation.
In an effort to integrate blockchain technology into Jio's current offerings, Polygon (MATIC) is collaborating with the telecommunications giant owned by Mukesh Ambani, India's richest man. The two companies are implementing blockchain-based functionality in the JioSphere web browser, thus avoiding expensive, slow and complex traditional techniques.
Talking about Polygon's India-focused projects, co-founder Sandeep Nailwal said:
Maintaining decentralisation ensuring scalability
Nailwal added that Polygon is investing heavily in zero-knowledge proof technology to facilitate the scalability of the ecosystem.
Some of the most popular use cases in Web3 are already supported by Polygon, thanks to its low fees, fast transactions and decentralised security. They range from tokenization of real assets with large institutions to stablecoin payments on Polygon PoS.
Bringing the blockchain to millions of users
A single strategy is not effective for engaging 450 million users from India's diverse demographic, says Nailwal.
According to Nailwal, thanks to Polygon's architecture, developers will never have to give up the essential features of the network, as it can grow without compromising what has made blockchain so powerful from the beginning:
In the end, it's not just about technology.
Tackling real problems will drive the next wave of adoption
The technology blockchain, according to Nailwal, can also be used to address the growing risks associated with artificial intelligence tools, such as deepfakes and disinformation. Blockchain-based verification solutions will become increasingly in demand as the need for trusted sources grows in an age of manipulated information.
Nailwal also emphasised the growing importance of Polymarket, a cryptocurrency-based predictive marketplace, in journalism and mainstream finance.
Nailwal concluded by saying that he is betting that the immutability of blockchain will revolutionise many areas, including journalism, public policy making and economic forecasting.
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