Aptos Partners with Jio to Launch Blockchain Rewards for 500M Users
Aptos Foundation and Aptos Labs have partnered with Reliance Jio to launch a blockchain-based rewards platform for Jio's 500 million users.
- The partnership was announced during the Aptos Experience event, highlighting the integration of blockchain into telecom services.
- Reliance Jio is testing the program with around 9.4 million users in its beta phase, focusing on real-world rewards via Aptos's efficient layer-1 blockchain.
- Aptos Labs provides technical support to manage Jio's large customer base.
- Jio, part of Reliance Industries, is India's largest telecom operator and third globally, known for its digital service innovations.
- Aptos price has decreased by 5% in the past 24 hours despite the announcement, according to CoinMarketCap.
This collaboration aims to expand Jio's digital ecosystem through blockchain rewards, marking a significant deployment of Web3 infrastructure in telecom.