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Deutsche Telekom, a leading global integrated telecommunications company, has announced support for the Polygon blockchain infrastructure.
According to a media release, Deutsche Telekom has become a polygon validator and is expanding its services to the blockchain space.
Also in the announcement, the Company’s subsidiary, Deutsche Telekom MMS, will provide staking and validation services for Polygon’s Proof-of-Stake network and Supernets solutions.
Deutsche Telekom MMS support to strengthen Polygon’s security and decentralization
Deutsche Telekom is a giant in the telecommunications industry and the owner of T-Mobile, a leading provider of wireless voice, messaging and data services in the US, Poland, Netherlands, etc.
As a company that has been in the telecommunications business for 27 years, the recent announcement shows that Deutsche Telekom is ready to diversify its services.
The head of Deutsche Telekom’s Blockchain Solutions Center, Dirk Röder, said:
“The cooperation with Polygon is an important step for Deutsche Telekom MMS in order to fully exploit the potential of blockchain technology and enable mass-market applications.”
He pointed out that the partnership will contribute to Polygon’s security and decentralization.
Röder explained why Deutsche Telekom MMS chose Polygon from other blockchain ecosystems.
He said the Polygon ecosystem is resource-efficient, offers a developer-friendly environment, and leverages the highest security standards of the Ethereum ecosystem.
Deutsche Telekom is leading the way for other companies to use blockchain technology
The media release also highlighted the warm welcome the Germans received from the Polygon team.
Michael Blank, chief operating officer at Polygon Labs, said they are pleased that Deutsche Telekom is a validator on the Polygon network.
Blank emphasized the importance of this partnership for the blockchain ecosystem and Web3. “This collaboration will pave the way for more companies to embrace blockchain technology via Polygon,” he said.
The Polygon Lab executive also noted that the partnership with Deutsche Telekom will empower consumers by unlocking the empowerment and autonomy that Web3 technology offers.
As a validator, Deutsche Telekom MMS will help secure Polygon’s Proof-of-Stake sidechain and Supernets app chains.
It would improve its governance and decentralization by running a node, producing blocks, validating and participating in consensus and setting checkpoints on the Ethereum mainnet.
Increase in network activity after starting Polygon zkEVM
The latest integration is one of the many development activities on Polygon this year.
On March 27, Polygon launched its zero-knowledge mainnet beta for the Ethereum Virtual Machine (Polygon zkEVM).
The Polygon zkEVM is a multi-layer network that combines zero-knowledge proof and the Ethereum Virtual Machine to increase blockchain scalability and security.
This scaling technology not only protects the Ethereum infrastructure, but also reduces transaction costs.
According to May metrics for Polygon zkEVM, network fees declined significantly while activity and liquidity increased.
From April 25 to May 25, the number of unique active wallets increased by 54%. Recent integration with Deutsche Telecom MMS could bring further gains to the Polygon network.