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Polygon Network Scores Telecom Giant Deutsche Telekom As Validator

Press Releases Crypto News Bitcoinist Polygon Network Scores Telecom Giant Deutsche Telekom As Validator

German telecommunications giant Deutsche Telekom has announced its support for the Polygon Blockchain infrastructure, becoming a validator on the Polygon network. Deutsche Telekom’s subsidiary, Deutsche Telekom MMS, will provide staking and validation services for the Proof-of-Stake (PoS) network and Polygon’s Supernets solutions.

Deutsche Telekom’s move to join the network follows a growing trend of major corporations and institutions embracing blockchain technology. The company’s decision to support Polygon’s ecosystem signals a strong commitment to blockchain technology and the expansion of its activities in the field.

Polygon Network Scores Big

Polygon, the leading Ethereum Layer-2 scaling platform, offers a developer-friendly and resource-efficient ecosystem based on the highest security standards of the Ethereum ecosystem.

Dirk Röder, Head of the Blockchain Solutions Center at Deutsche Telekom, highlighted the importance of the collaboration with Polygon in fully exploiting the potential of blockchain technology and enabling applications suitable for mass deployment.

Moreover, Michael Blank, Chief Operating Officer at Polygon Labs, expressed his excitement for the collaboration with Deutsche Telekom and the potential for more businesses to embrace blockchain technology through Polygon.

This collaboration will pave the way for more businesses to embrace blockchain technology through Polygon and empower consumers by unlocking the ownership and autonomy that web3 technology offers.

Deutsche Telekom brings significant expertise and resources to the partnership, which can help to strengthen Polygon’s network and support its ongoing development. Firstly, as a validator on the network, Deutsche Telekom will contribute to the security and decentralization of the blockchain. Validators are responsible for verifying transac

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Author: Ronaldo Marquez

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