Germany’s Deutsche Telekom set to become a Polygon validator
- Germany’s Deutsche Telekom is one of Europe’s largest telecommunications companies.
- Deutsche Telekom provides consulting and software development services.
- Polygon has about 100 validators providing staking and validation services for the network.
Germany’s Deutsche Telekom is set to leverage its infrastructure in Web3 to become a Polygon Network validator. The Ethereum scaling protocol Polygon has about 100 validators providing validation and staking services for the network and the Polygon Supernets solution.
Deutsche Telekom provides consulting and software development services while also using its infrastructure to boost network security and explore new revenue streams as a validator for several blockchain protocols. Besides Polygon, Deutsche Telekom is a validator for Celo, Q, Flow, Ethereum, and Chainlink blockchains.
Deutsche Telekom as a Polygon validator
Polygon has grown into an important layer 2 within the Ethereum ETH ecosystem, offering a wide range of scaling solutions including side chains, data availability, and the zero-knowledge rollups whose holy-grail beta recently hit the mainnet.
By operating as a Polygon validator, Deutsche Telekom MMS will help secure Polygon’s proof-of-stake sidechain and Sepernets chain resulting in improved security, decentralization, and governance of the protocol.
The company will run a full node, produce blocks, and validate transactions while also committing checkpoints to the Ethereum mainnet.
Speaking to one of the popular media outlets, Deutsche Telekom’s Blockchain Solutions Center head, Dirk Röde said:
“Deutsche Telekom is not only a renowned infrastructure provider for mobile and internet services but is also making significant commitments to expand its presence and reliability as an infrastructure provider in the web3 domain.”