Deutsche Telekom, a global telecommunications leader, expands its Web3 footprint by becoming a validator on Injective, a network focused on DeFi and real-world asset tokenization.
Importance of Deutsche Telekom's Participation
As one of the world's largest telecom providers, Deutsche Telekom joins the Injective network, enhancing infrastructure and reliability. Operating in over 50 countries and serving 252 million mobile customers, the company brings enterprise-grade security and reliability to blockchain validation.
How Deutsche Telekom Supports Injective
Deutsche Telekom MMS will play a crucial role in Injective by securing the network, enhancing uptime and reliability, and enabling cross-chain interoperability. 'We are excited to collaborate with Injective to foster true decentralization,' said Oliver Nyderle, Head of Web3 Infrastructure at Deutsche Telekom MMS.
Deutsche Telekom's Expanding Crypto Presence
Beyond Injective, Deutsche Telekom is actively involved in validating various blockchain networks like Polygon, Celo, Chainlink, and Polkadot. As a validator, the company earns staking rewards and transaction fees. Other major companies like Google Cloud are also entering the network validator space.
Deutsche Telekom's entry into the Injective network highlights its position as a reliable platform for DeFi initiatives and traditional financial entities exploring decentralized technologies and asset tokenization.
