Jio-Facebook partnership

Facebook has bought a one-tenth stake in Reliance Jio.  After which both companies are able to establish their presence on the Indian Internet.

 New Delhi: After buying a 9.99% stake in Reliance Jio Platforms, both Facebook and Jio companies are offering a chance to enter the Indian Internet domain.  Reliance Retail will provide its customers with a grocery platform on JioMart to start out using WhatsApp, but there are other things that may facilitate this partnership.

 Mobile Gaming

 Mobile gaming has been at the highest in India since Reliance Jio's entry into the telecom space because of cheap data and straightforward access to the net.  This helped the developers reach more gamers.  In fact, many developers feel that Jio has played a vital role in changing the way of mobile gaming within the country.

 Facebook's gameroom was popular among developers until some years ago.  The platform had plenty of games but it couldn't be very hip.  Facebook has recently launched its gaming app.  Which you'll play with Jio's network.

 If Jio can convince gamers to return on its network, then they will use these gamers to extend Facebook gaming content.  Microsoft is doing this through the Xbox Gaming Console and therefore the Google Stadia Gaming Platform.

 video streaming

 Reliance Jio and Facebook both have their own video streaming platforms.  Jio already encompasses a user base in India for JioMovies (as it's free for Jio customers) and Facebook is rolling out the Facebook watch platform here.  Both Facebook Watch and JioMovies can increase what they need to supply to others.

 Facebook Watch encompasses a lot of user generated content which Jio does not have access to and Jio already has contact places to urge movies on the platform.  In keeping with a report by the Federation of International Chambers of Commerce and Industry (FICCI) and EY, India's video streaming market is anticipated to grow to 488 million viewers from 378 million in 2019 to 2022. Facebook and Jio can use their partnership to make  the most their partnership.

 Payment

 Both companies have shown interest in joining the payment space.  Jio has JioMoney and Facebook allows people to pay through Messenger within the US.  WhatsApp is now a UPI-based payment application in India.  Facebook also has third party digital payment.  Libra cryptocurrency.

 Hemant Kumar, the previous CIO of Unocoin and co-founder of blockchain-based platform Mints, told Mint, "The deal" can be another step towards using crypto-ba

sed payments on an outsized scale and India may be a great region for that.  Maybe.  "Speaking to Mint, Bank of Hoddlers CEO Darshan Batija said that building interoperability between Libra and UPI" Facebook to require service here there's some way to.

 Facebook's Free Basics Platform was discontinued by the Telecom administrative unit of India (TRAI) because of concerns over net neutrality.  Under Free Basics, Facebook wanted to supply free access to certain services to a particular segment of Internet users.  At that point, Facebook started the service through Anil Ambani's alliance with Reliance Communications.  Can Facebook use Jio to try to something similar again?

 "The regulatory framework is extremely clear on this front, which is a chance at no cost basics," said Apar Gupta, decision maker of the Privacy Advocacy Group of the net Freedom Foundation (IFF).

 Right now, telescopes like Jio can give free access to their streaming apps etc., but it cannot use users' data for that purpose.  Jio is also ready to allow free access to Facebook's apps, but, it'll not be ready to provide data usage free access to that.