Reliance has made its entry into the crypto market by partnering with Polygon to launch ioCoin.
Reliance Industries has ventured into the cryptocurrency arena with the introduction of ioCoin, a new digital asset created in partnership with Polygon, a prominent blockchain scalability platform. This initiative represents a significant advancement for the Indian conglomerate as it expands into the burgeoning crypto and blockchain sector. The collaboration with Polygon is designed to utilize its cutting-edge blockchain technology to provide scalability, security, and efficient transaction processing for ioCoin. This partnership is expected to boost the application of blockchain technology across various industries, including finance, retail, and telecommunications, where Reliance…