European telecom giant Deutsche Telekom teams up with Polkadot

Polkadot, the Parity project’s “blockchain of blockchains” architecture, has partnered with T-Systems MMS (MultiMedia Solutions), a unit of German telecommunications giant Deutsche Telekom.

T-Systems MMS, according to the statement, will “enable secure communication between blockchains.” T-Systems MMS will utilize its infrastructure to act as a validator on the Polkadot public blockchain network.

DOT currencies have been purchased by T-Systems MMS, which intends to facilitate the interoperability of decentralized blockchain networks based on the Polkadot mainchain.

Impressive ranking

DOT, the Polkadot network’s native token, is rated No. 10 in terms of market capitalization, with a current valuation of more than $32 billion. In the press statement, there is no mention of the number of DOT tokens that T-Systems MMS purchased.

Polkadot seeks to address the current lack of interoperability among blockchains, which are often data silos. Polkadot’s relay chain, also known as the central chain, coordinates the interactions of multiple parallel networks known as parachains.

T-Systems MMS participates in the Polkadot network as a validator, allowing secure and trustworthy transmission of messages between different blockchains.

The Open Telekom Cloud will be used by the Deutsche Telekom subsidiary to provide and operate the infrastructure.

Promoting decentralization

According to T-Systems MMS, the OTC complies with all European regulatory criteria for security and compliance, and the Open Telekom Cloud’s independence promotes decentralization and consequently the robustness of the blockchain network.

“As Deutsche Telekom, we have always supported the cooperation of people and companies. Polkadot is a heterogeneous, multi-chain network allowing various blockchains of different characteristics to perform cross-chain communication under shared security,” Dr. Andreas Dittrich, chief of the Blockchain Solutions Center at T-Systems MMS, said.

Deutsche Telekom is one of the world’s largest telecommunications companies, with 242 million mobile users, 27 million fixed-network lines, and 22 million broadband lines, according to a piece of corporate information.

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