Team for PoS blockchain
Polygon Labs has teamed with Reliance Jio, India's largest telecommunications company. Reliance Jio intends to broaden the scope of blockchain technology by incorporating blockchain capabilities into specific apps and services via Polygon PoS.
Win-Win for Jio and Polygon
The Jio-Polygon collaboration benefits both parties: Polygon will gain access to Reliance's massive user base of over 482 million, which is likely to increase crypto users' investment in Polygon, and Reliance Jio will be able to leverage the power of blockchain by introducing Web3 via Polygon, giving it international reach.
Bulls for POL
This collaboration may benefit post-Matic POL token holders on its own. Reliance is noted for fostering fierce competition and providing offerings such as the world's cheapest internet. POL bulls, who have trailed even smaller bulls like XRP and ADA, might find more proficient pastures.
