Telekom Owner Takes Step Into Blockchain, Becomes Polygon Validator
Allgemein• Deutsche Telekom, a leading global integrated telecommunications firm, has announced support for Polygon blockchain infrastructure by becoming a validator.
• Its subsidiary Deutsche Telekom MMS will provide staking and validation services on Polygon’s proof-of-stake network and Supernets solutions.
• The partnership with Deutsche Telekom will empower consumers by unlocking the ownership and autonomy that Web3 technology offers.
Deutsche Telekom Joins Blockchain Sector
Deutsche Telekom, a leading global integrated telecommunications firm, has announced support for Polygon blockchain infrastructure. As per a media release, Deutsche Telekom has become a Polygon validator, extending its services to the blockchain sector.
Subsidiary To Provide Staking and Validation Services
The announcement revealed the firm’s subsidiary Deutsche Telekom MMS would provide staking and validation services on Polygon’s proof-of-stake network and Supernets solutions. This will contribute to securing Polygon’s Proof-of-Stake side chain and Supernets app chains, thereby improving its governance and decentralization.
Empowering Consumers Through Web3 Technology
Michael Blank, Chief Operating Officer at Polygon Labs said they are excited to have Deutsche Telekom become a validator on the Polygon network. He noted that their partnership with Deutsche Telekom will empower consumers by unlocking the ownership and autonomy that Web3 technology offers.
Head of Blockchain Solutions Centre Exudes Confidence
Dirk Röder, head of the Blockchain Solutions Centre at Deutsche Telekom said: “The collaboration with Polygon is an important step for Deutsche Telekom MMS to fully exploit the potential of blockchain technology” He also expressed confidence in using Polgyon as it is resource-efficient, offers a developer friendly environment that leverages Ethereum’s highest security standards.
Partnership Paves Way For More Businesses To Embrace Blockchain Technology
Blank stressed the importance of this partnership to the blockchain ecosystem noting that it will pave way for more businesses to embrace blockchain technology through Polgyon.