Deutsche Telekom joins the blockchain party
Deutsche Telekom is like “Hey, blockchain is the future, and we’re not missing out!” One of Europe’s biggest telecom giants just made a major move into the crypto industry, because its subsidiary, Deutsche Telekom MMS, is now a validator for the Injective blockchain.
A company with 252 million customers worldwide is betting big on decentralized tech.
What does it mean, are we happy?
As a validator, Deutsche Telekom MMS will be responsible for securing the Injective network, proposing blocks, and voting on governance proposals. They’ll be staking the native token INJ to make it all happen.
It’s a pretty big deal because it shows how mainstream companies are adopting blockchain for its reliability and security.
Eric Chen, CEO of Injective, is thrilled, saying it’s another example of Web3 becoming more institutionalized. It’s like the whole world is finally waking up to the power of decentralized tech.
XCrypto play
Deutsche Telekom isn’t new to crypto, to be honest. Its subsidiary has been a validator for Polygon and Celo, and it even operates a Bitcoin node and mines Bitcoin using surplus renewable energy.
It’s like they’re in it for the long haul, and they’re not alone. Companies like Google Cloud are also joining the validator party, becoming central validators for blockchains like Cronos.
Why it matters
This move isn’t just about Deutsche Telekom, actually it’s about the future of blockchain. When big players like this step into the game, it’s a sign that decentralized tech is here to stay, no matter what naysayers crying.
It’s not just for crypto users anymore, it’s for everyone. So, is this a big deal? You bet! It’s like the whole world is finally recognizing the potential of blockchain to change the game.
And if you’re not paying attention, you might just miss the train. And it’s pretty likely no one stops this train.
Have you read it yet? Solana’s volume plunges hard, the end is near?
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