• Deutsche Telekom has joined Polygon as a community validator.
• Deutsche Telekom MMS, a subsidiary of the telecommunications large, will provide staking providers to Polygon POS and Supernet.
• Deutsche Telekom MMS offers verification and staking providers on chains equivalent to Ethereum, Stream and Chainlink.

German telecommunications large Deutsche Telekom has not too long ago been aggressively increasing its enterprise within the blockchain expertise area, partnering with Polygon, Ethereum’s main Layer 2 scaling platform.

On Wednesday, Deutsche Telekom introduced that its subsidiary Deutsche Telekom MMS has joined Polygon as a validator. That is one in all solely 100 validators on Polygon’s POS community.

On this case, Deutsche Telekom MMS will take part within the Polygon ecosystem by offering staking providers for each Polygon’s PoS sidechain and Supernet. That is achieved via the deployment of full nodes and technology of blocks as a part of our contribution to community safety, governance and decentralization.

As a validator, the corporate will even contribute to strengthening the Ethereum community.

Deutsche Telekom will help Ethereum and different POS networks

The partnership is a vital step in Deutsche Telekom’s efforts to help within the blockchain adoption course of, with the most recent POS chain Polygon including the corporate as a validator.

Deutsche Telekom MMS already gives verification providers for a number of POS networks. As highlighted by CoinJournal, the telecoms large launched an Ethereum validator final September, which comes after the “merger.” Different blockchains supported embody Chainlink, Q, Stream and Celo.

“Working with Polygon is a vital step for Deutsche Telekom MMS to unlock the complete potential of blockchain expertise and allow purposes appropriate for large-scale deployment.Deutsche Telekom MMS Will Additionally Help Polygon Staking, Contributing To Blockchain Safety And Decentralizationmentioned Dirk Raeder, head of Deutsche Telekom’s Blockchain Options Middle.

In an announcement, Polygon Labs chief working officer Michael Clean mentioned the partnership will permit extra corporations to make the most of the advantages of Web3 and blockchain expertise, and that these corporations will have the ability to leverage Polygon’s community to achieve customers. mentioned it could give energy to

As Ethereum’s main scaling answer, Polygon’s protocol suite consists of zero-knowledge rollups, sidechains, and app-specific chains.

This blockchain platform at the moment hosts tens of 1000’s of dApps, processes over 3 million transactions every day, and holds $1.2 billion price of belongings in Whole Worth Locked (TVL). Among the greatest initiatives within the crypto trade, equivalent to Uniswap, Aave, and OpenSea, run on Polygon.