Deutsche Telekom takes a step forward in blockchain technology by becoming a validator for the Injective network through its subsidiary Deutsche Telekom MMS. This partnership marks a new phase in the evolution of decentralized finance and interaction with traditional industries.
Partnership for the Future
Deutsche Telekom, known for its operations in mobile networks and broadband internet across more than 50 countries, has officially confirmed its participation in the blockchain ecosystem. Becoming a validator for Injective not only involves transaction verification and blockchain governance but also supports cross-chain interaction.
Joining an Elite Validator Group
According to Mintscan data, Deutsche Telekom MMS is now the 60th validator in the Injective network. This prestigious group also includes players like Binance Staking and the Kraken exchange, improving Injective's position in the blockchain community.
The Importance of Supporting Web3
Injective CEO Eric Chen welcomed Deutsche Telekom MMS, emphasizing that this collaboration signifies growing institutional trust in Web3. Oliver Nyderle, head of Web3 infrastructure at Deutsche Telekom MMS, highlighted the importance of decentralization and reliability in blockchain technology.
Deutsche Telekom's participation in the Injective network strengthens blockchain's position as a reliable technological platform for future financial technologies, supporting integration with existing systems and innovations.
