Deutsche Telekom supports the Polkado
Deutsche Telekom, one of the largest telecommunications companies in Germany, announced its partnership with the Polkadot crypto project. The latter is known for developing infrastructure to link various blockchains. The partnership will be implemented through a subsidiary of T-Systems MMS (MultiMedia Solutions).
According to Telekom, T-Systems MMS will develop secure communication between blockchains. To do so, it will use its infrastructure to participate in the Polkadot blockchain network as a validator, and it has already bought DOT tokens.
“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,” said Dr. Andreas Dittrich, Head of the Blockchain Solutions Center at T-Systems MMS.
It is worth noting that the DOT token is part of the Polkadot blockchain network and is ranked 10th by market capitalization (more than $32 billion).