Reliance Jio, India’s largest telecom operator, has launched a reward token dubbed JioCoin on the Ethereum layer 2 network Polygon. While there has been no official announcement from the company as of publication time,

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.

Jio has partnered with with Polygon Labs, the development team behind Polygon Protocols, to launch its Web3 and blockchain services in India, the company said on Thursday. This collaboration will leverage Polygon's advanced blockchain technology to add innovative Web3 capabilities to some of Jio Platform's existing applications and services.

Jio Platforms partners with Polygon Labs to bring Web3 services to over 450M users, advancing blockchain adoption & decentralised innovation in India.

Reliance Jio partners with Polygon Labs to launch Web3 in India. POL token surges as blockchain adoption grows with innovative partnerships.

Jio Platforms Ltd (JPL) a technology company and a subsidiary of Reliance Industries Limited, has entered a strategic partnership with Polygon Labs, t.

Jio has partnered with Polygon to enhance its digital offerings for its massive user base of over 450 million.

On Thursday, the wholly-owned Reliance unit shared that it would be leveraging Polygon's blockchain solutions to create innovative Web3 services for its existing 450+ million cust