A subsidiary of one of the largest European telecommunications companies, Deutsche Telekom, has become a walider for blockchain injection of layer 1.
Deutsche Telekom MMS, a subsidiary that provides consultation and software creation services, confirms transactions and participates in management, According to For an entry on the blog of February 27 from injection.
Eric Chen, the general director of the Inceitive, said that Blockchain is “excited that one of the leading world telecommunications companies” appeared on board as a validator.
“This is another example that Web3 is becoming more and more institutional and fully integrated with a society that understands that decentralized blockchain offers reliability and security, the meaning of which cannot be overestimated in the case of financial issues,” said Chen.
Source: INVICITIVE
Oliver Ninaryle, head of the Web3 infrastructure at Deutsche Telekom MMS, he said The telecommunications company wants to “support true decentralization” and operate its infrastructure to boost network security.
As part of the recent validator duties, Deutsche Telekom MMS will perform native blockchain tokens in order to propose blocks of flats, unthreatening transition interoperability, confirm transactions and vote on management proposals.
Deutsche Telekom MMS is 60. Invjerzej Walidator, Data on Block MINTSCAN Explorer can be seenjoining the pool covering the cryptographic exchange of Kraken and Binance Staking.
Invjrzej has 60 validators, including Crypto Exchange Kraken and Binance Staking. Source: Mintcan
The style of incidents itself as an interoperable blockchain layer 1 specially built for finance, which works on the mechanism of evidence (POS).
Deutsche Telekom runs broadband and mobile networks in over 50 countries through its subsidiaries such as T-Mobile; Has a market capitalization of around $ 178 billion and, According to The company’s profile has 252 million mobile clients around the world.
Deutsche Telekom MMS was founded in 1995 as a subsidiary of the home company Deutsche Telekom to develop software for television; Since then, it has expanded to include a wider range of IT services and technology.
Related: Deutsche Telekom connects to a decentralized network
Through Deutsche Telekom MMS, telecommunications giant constantly increases its presence in the cryptographic space, becoming the Walidator Polygon in June 2023 and Walidator Celo Validator in June 2021.
The subsidiary also has been running the Bitcoin node since 2023 and moved to the extraction of Bitcoin (BTC) in November, using a surplus of energy from renewable sources, which would otherwise remain unused.
Other mainstream companies also become validators, and Google Cloud became the central Walidator Blockchain Cronos in November, connecting the pool of 32 others on the Cronos Ethereum Virtual Machine (EVM) protocol.
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