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German Telecom Giant Embraces Polkadot, Buys DOT » Crypto Insiders

T-Systems MMS, a subsidiary of the giant Deutsche Telekom, has recently announced that she a partnership have concluded with Polkadot (DOT). T-Systems will leverage their extensive IT infrastructure to validator to act on the Polkadot network. A nice step for both T-Systems MMS and Polkadot.

Polkadot network

At the time of writing, polkadot is in 10th place of the largest cryptocurrencies in the world. Polkadot aims to provide interoperability between different blockchains to accomplish. For that reason, the network is also called the ‘blockchain of blockchains’.

Polkadot’s main blockchain, the so-called relay chain, is the heart of the network, as it were. It coordinates interactions between different networks running parallel to each other parachains be called. T-Systems MMS will contribute to the security of communication between the relay chain and the parachains of the Polkadot network.

T-Systems MMS

The German telecom company will use the Open Telekom Cloud (OTC). This OTC complies with the strict safety regulations within European legislation. In addition, the independent nature ensures that the decentralization of the Polkadot network is maintained.

The head of Blockchain Solutions at T-Systems MMS, Andreas Dittrich, believes blockchain is an excellent fit for their vision for the future. The Polkadot network in particular has enormous potential, according to him.

“As Deutsche Telekom, we have always supported the collaboration of people and companies, this time also with decentralized technology. Polkadot is a heterogeneous, multi-chain network that enables different blockchains to cross-chain communicate under a shared security. We fully believe in this future vision of a connected world.”

It is quite special that Deutsche Telekom takes this position. The company is one of the largest telecommunications companies in the world. Deutsche Telekom has more than 240 million users worldwide and an annual turnover of more than $100 billion. A true giant that takes concrete steps to embrace blockchain technology.

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