- T-Systems MMS participates with its infrastructure in securing and maintaining the Polkadot network
- Deutsche Telekom subsidiary acquires DOT tokens
- T-Systems MMS promotes secure communication between blockchains
(PRESS RELEASE) BONN, 21-Dec-2021 — /EuropaWire/ — Deutsche Telekom (ETR: DTE), one of the world’s leading integrated telecommunications companies and the largest telecommunications provider in Europe by revenue, has announced that its subsidiary T-Systems MMS will use its infrastructure to participate in the public blockchain network Polkadot as a validator. As part of its participation, T-Systems MMS has acquired DOT tokens, and supports interoperability between decentralized blockchain networks. DOT, the native token of the Polkadot network, is one of the largest cryptocurrencies in the world.
Polkadot aims to solve the lack of interoperability between blockchains, which today are typically data silos. To do so, Polkadot’s relay chain, the central chain of Polkadot, coordinates the interactions between different parallel networks, called parachains. By participating in the Polkadot network as a validator, T Systems MMS supports the secure and trustworthy exchange of messages between independent blockchains.
For the provision and secure operation of the infrastructure, the Deutsche Telekom subsidiary will use the Open Telekom Cloud. It meets the strict requirements for security and compliance in the European legal framework. The independence of the Open Telekom Cloud supports the decentralization and thus the resilience of the blockchain network.
“As Deutsche Telekom, we have always supported the collaboration of people and companies, now also with decentralized technologies. Polkadot is a heterogeneous, multi-chain network allowing various blockchains of different characteristics to perform arbitrary, cross-chain communication under shared security. We fully believe in this future vision of a connected world,” says Dr. Andreas Dittrich, Head of the Blockchain Solutions Center at T-Systems MMS.
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SOURCE: Deutsche Telekom AG