Deutsche Telekom becomes a validator on the Injective blockchain, reinforcing its position in Web3 and providing robust infrastructure.
Deutsche Telekom's Activities in Web3
Deutsche Telekom, one of the world's largest telecommunication providers, is strengthening its presence in Web3 by becoming a validator on the Injective network. This move enhances Injective’s institutional credibility, attracting traditional businesses to decentralized finance.
How Deutsche Telekom Supports Injective
Through its subsidiary MMS, Deutsche Telekom is providing significant support to the Injective network by validating transactions, improving network reliability, and supporting cross-chain interoperability. Oliver Nyderle, Head of Web3 Infrastructure at Deutsche Telekom MMS, emphasized the company's goal to enhance Injective’s security and decentralization.
Deutsche Telekom's Expanding Crypto Presence
Beyond Injective, Deutsche Telekom is actively involved in blockchain validation on various networks such as Polygon, Celo, Chainlink, Polkadot, and Bitcoin. As a validator, the company earns staking rewards and transaction fees. Recently, Google Cloud joined Cronos as a validator, demonstrating the growing interest of major companies in blockchain validation.
By joining Injective as a validator, Deutsche Telekom shows its commitment to developing blockchain infrastructure, strengthening its position in Web3 and attracting major enterprises to decentralized finance.
