Mukesh Ambani, the richest man in Asia with an estimated fortune of over 100 billion dollars, has just taken a major step in the world of crypto. His conglomerate Jio Platforms, a telecommunications leader in India with over 450 million users, is launching JioCoin on the Polygon network.
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, which allows users to earn the tokens while browsing.
The launch of EDU Chain will have a long-lasting impact on the native token, which gained over 11% in the past 24 hours to trade about 60 cents on Friday, January, 17.
This partnership aims to revolutionize digital experiences for Jio's massive user base of over 450 million people. Jio Platforms, a subsidiary of Reliance Industries—led by billionaire Mukesh Ambani—announced its Web3 and blockchain initiative on Thursday.
Jio Platforms has introduced a new reward token called JioCoin on the Polygon blockchain network.
The launch of EDU Chain on Arbitrum could significantly enhance educational transparency and data ownership, fostering innovation in edtech. The post Open Campus' EDU Chain goes live on Arbitrum, aiming to revolutionize education with blockchain appeared first on Crypto Briefing.
Despite the excitement, JioCoin has drawn criticism regarding its transparency and functionality.
JiCoin's are currently not redeemable or transferable.
Despite Bitcoin experiencing a bullish rally, the prime altcoin, Ethereum (ETH), has lagged in relative terms. Ethereum has found the $3,800 price level, a critical resistance it has not breached in the past 30 days.
JioCoin, a reward-based token, has been introduced by Jio Platforms, owned by Indian business leader Mukesh Ambani. The development has triggered serious discussions among Indian cryptocurrency enthusiasts. Many think that Jio's crypto will redefine the Indian crypto environment.
EDU chain will support educational apps and onchain education with tamper-proof credentials and developer incentives.
Jio launches JioCoin on the Polygon network, sparking community speculation about its use cases.
A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.
Polygon (POL) is currently at a pivotal point in its price action, as it consolidates within a descending triangle pattern on the 4-hour chart. The price range between $0.47 and $0.41 has become a critical zone, with both bulls and bears battling for dominance.
Jio Platforms, a subsidiary of Reliance Industries and one of India's leading technology companies, has entered into a strategic partnership with Polygon Labs, the developer arm of the Polygon Protocols.
Jio Platforms collaborates with Polygon Labs to bring blockchain solutions, empowering millions of users with advanced Web3 capabilities.
Polygon Labs has partnered with India's largest telecom operator, Reliance Jio, to integrate blockchain into the company's existing infrastructure.
India's telecommunications and digital services company, Jio Platforms, is introducing Web3 capabilities to its user base of over 450 million. The initiative involves a collaboration with Polygon Labs, the developers of the Polygon blockchain protocols, aiming to support the development of decentralized applications and services in the country.
Reliance's Jio Platforms has joined hands with Polygon Labs to bring web 3 and blockchain solutions to more than 450 million consumers in India. The collaboration aims to integrate its advanced blockchain technology into Jio's services, marking a major step towards Web3 adoption in the country.
Polygon price battles resistance as bullish signals align for a potential rally.
The biggest telecom company of India, Reliance Jio has entered into a partnership with Blockchain leader Polygon Labs. This team up will bring web3 services to over 450 million Jio users. What exactly is cooking between Reliance Jio and Polygon, let's try to uncover.
Reliance Industries' digital arm, Jio Platforms, has announced a strategic partnership with blockchain company Polygon Labs to introduce Web3 capabilities to its existing applications and services.
Polygon ($POL) has been consolidating between $0.47 and $0.41, leaving traders speculating about its next move.
Reliance Jio will collaborate with Polygon Labs to bring blockchain innovations to its 450 million users in India.
Polygon's CEO hailed the partnership as a significant step forward for Web3 adoption in India.
Jio Platforms Ltd. collaborates with Polygon (MATIC) Labs to enhance Web3 capabilities, impacting over 450 million users in India with cutting-edge blockchain solutions.
Polygon POS may be a legacy chain, but is one of the most active L2 for stablecoin usage.
The themes of the projects include three tracks: AI, DePIN, and Memecoins.
Polygon (MATIC) Labs and Courtyard.io are hosting an onchain auction for a PSA 10-graded Charizard Pokémon card, marking a significant advancement in the tokenization of physical collectibles.
Bitcoin (BTC) briefly plummeted below $90,000 on Monday, ringing alarm bells among investors as markets panicked. However, it quickly rebounded from this level to reach $92,500 and then climbed to its current level of $95,400.
The once-in-a-lifetime festival symbolizes spiritual cleansing and unity for millions of people worldwide.
Polygon Ecosystem Token (POL) price has consolidated above the $0.45 support line but below the moving averages. The presence of doji candlesticks has reduced the selling pressure above the $0.45 support level.
Polygon (POL), one of the leading blockchain networks, has shown remarkable growth in user engagement and network activity. Despite recent market fluctuations, Polygon's impressive surge in active addresses and technical indicators is setting the stage for a potential price increase in the near future.
Animecoin is set to launch its ANIME token with a focus on community distribution.
Partnering with blockchain firm Chaincode Consulting, the initiative integrates with the Polygon blockchain. This ensures scalability, environmental sustainability, and a seamless experience for millions of travelers.
Indian Railways has partnered with Chaincode Consulting to issue NFT-based tickets for the MahaKumbh Mela festival, integrating with the Polygon blockchain for scalability.
The Animecoin project is a collaboration between the Arbitrum, Azuki and Weeb3 that aims to support the growth of anime culture via Web3.
Cryptocurrency prices fell last week as global investors embraced a risk-off sentiment as American bond yields rose. Bitcoin remained below $95,000, while meme coins like Dogwifhat (WIF), Popcat (POPCAT), and Bonk (BONK) were among the top laggards.
Strong network activity and technical signals position POL for a potential bullish breakout.
The post-election rally sparked by Donald Trump's November 5 US presidential victory has significantly cooled, leading the broader market into a consolidation phase since early 2025.
The post-election rally sparked by Donald Trump's November 5 US presidential victory has significantly cooled, leading the broader market into a consolidation phase since early 2025.
Ethereum Layer-2 scaling solution Arbitrum has proposed a new challenge resolution protocol called BoLD (Bounded Liquidity Delay) to boost its ecosystem.
SUI surpassed Arbitrum in DEX volume, but it remains stuck in a no-trade zone, awaiting a breakout.
Synthetix has announced that it will transition its perpetual markets on the Arbitrum network to a close-only mode.
The Arbitrum DAO has opened an important vote on a proposal that could significantly enhance the security and decentralization of the Arbitrum ecosystem. The proposal seeks to transition both Arbitrum One and Arbitrum Nova to the Bounded Liquidity Delay (Bold) protocol, a major upgrade that promises to improve network security and ensure greater transparency.
“BoLD will eventually replace the current, permissioned fraud proof mechanism that powers Arbitrum chains today,” said Arbitrum.
The BoLD upgrade enables anyone to participate in securing the network, removing centralized validator restrictions.
TL;DR Arbitrum DAO is considering adopting the BoLD protocol to improve validation and security on the Arbitrum One and Nova networks. BoLD would replace the current validator model with a permissionless one, enabling open and decentralized participation.