Source: Cointelegraph Original: "{title}"

Polygon is providing blockchain services to over 450 million Reliance Jio users and laying the foundation for mainstream Web3 applications in India, while still focusing on balancing speed, scalability, and cost-effectiveness without compromising decentralization.

Polygon is collaborating with Jio, the telecom giant owned by Indian billionaire Mukesh Ambani, to find ways to integrate blockchain technology into its existing services. Currently, both parties are adding blockchain-based features to the JioSphere web browser, which would be costly, cumbersome, and time-consuming to implement through traditional means.

Polygon co-founder Sandeep Nailwal stated in a discussion with Cointelegraph about Polygon's plans in India: "We are growing at an incredible pace, attracting large partners, and pushing blockchain into the mainstream. But with that comes the responsibility to ensure we are developing in the right way."

"Scalability and decentralization do not have to be mutually exclusive choices; this is precisely the balance we are focusing on at Polygon," Nailwal emphasized the importance of maintaining the core values of blockchain: security, transparency, and decentralization.

At the same time, Nailwal revealed that Polygon is heavily investing in zero-knowledge technology to make the scaling of the entire ecosystem smoother. He added, "Our goal is to provide developers and users with a win-win solution: faster and more economical transactions without compromising trust and decentralization."

Due to its ability to offer a combination of low fees, fast transactions, and decentralized security, Polygon has supported some of the most active use cases in Web3, from stablecoin payments on Polygon PoS to real-world tokenization in collaboration with major institutions:

Nailwal stated that a unified solution is not suitable for the diverse population of 450 million users in India. "We will work closely with Jio to develop applications that truly meet user needs and gradually bring users on-chain based on these practical applications," he added.

Nailwal mentioned that developers should never have to compromise on fundamental principles, as Polygon's infrastructure can achieve scalability without sacrificing the core advantages of blockchain:

"Ultimately, this is not just about technology. Our goal is to create a decentralized future that billions of people can actually use. While this is a huge challenge, it is also the most exciting thing for me," Nailwal said.

The growing threat posed by AI tools, including deepfakes and other misinformation activities, is another application scenario where blockchain technology can help. Nailwal stated that the escalating threat of misinformation and the increasing demand from consumers for trustworthy sources will ultimately drive the adoption of blockchain-based verification tools.

Additionally, Nailwal highlighted the increasing importance of the cryptocurrency prediction market Polymarket in mainstream finance and reporting. "The success of Polymarket is exactly the direction we have been striving for," he said, adding:

Nailwal is fully betting on the immutability of blockchain to transform fields such as economic forecasting, policy-making, and news reporting.

Related: Polygon Founder: The Cryptocurrency Market Cycle Has Permanently Shifted

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