In order to establish a Blockchain-e-commerce Centre of Excellence (CoE) that will work on research and development of Web3 and metaverse commerce use-cases in India, Flipkart and Web3 platform Polygon have engaged into a strategic relationship.
According to Jeyandran Venugopal, chief product and technology officer at Flipkart, “with the CoE, we look forward to working with them and leveraging their expertise and technical know-how to successfully onboard users to not only the value proposition of Web3 or Metaverse commerce but also Web3 in general.”
According to Venugopal, one of Flipkart’s key foundations is innovation. “We have consistently worked towards technology solutions to scale new frontiers and introduce new products and services. We are delighted to partner with Polygon, a company at the forefront of blockchain innovation, nationally and internationally.” “Polygon’s mission is to bring the next billion users to Web3 and this partnership will pioneer research and development at the intersection of Web3 and experiential retail which will advance adoption and impact in India and across the world,” Stated Sandeep Nailwal, co-founder of Polygon.