Deutsche Telekom, MMS, has taken a bold step to the Blockchain world by becoming an auditor of injection, which is a group of operating -1 layers.
This step enhances the safety of the injection and decentralized network. It also represents another teacher in the growing Web3 presence of Deutsche Telekom.
This cooperation displays a mixture of traditional institutions and advanced Blockchain technology.
Securing reliability of the injection network
The injection of the X partnership with excitement revealed, highlighting how MMS helps run and secure the network.
Today, Deutsche Telekom MMS joins the Injective Verification set. This cooperation blocks the traditional institution through Blockchain technology, which enhances the injection as the network of 1 -friendly class for leading institutions. Here is the reason that this is a big deal 👇
Auditors such as MMS reliability guarantees injection offers, which include digital asset trading, distinctive symbol, lending, and payments.
MMS joins a group of elite auditors, including players of banking services, financing and technology. They participate together in the governance on the series.
It is worth noting that Deutsche Telekom is not a small player. With a maximum of the market exceeding $ 180 billion, it serves more than 252 million customers across the world.
The company operates in more than 50 countries and creates revenues of 112 billion euros in 2023, and brings the MMS sub -group that joins the Venjective Group with great credibility on Blockchain.
Eric Chen, CEO of Injective, praised the partnership, describing it as an exciting moment to work with a global communications leader.
Chen stressed that this step reflects the adoption of the increasing institutions in Web3.
He believes that the decentralized Blockchains provides reliability and unparalleled security, especially for financial applications.
Oliver Naider, Head of the WEB3 Digital Confidence and Infrastructure Department at Deutsche Telekom MMS, chanted this feeling.
He said that cooperation enhances real decentralization and enhances safety for users.
Nyderle added that it corresponds to the MMS mission to integrate technology with safety and trust. The company believes that this is a way to make safe progress in the digital age.
The timing of this announcement is worth noting. The injection recently launched the Nivara Mainnet.
This update presented a modern structure of the symbol of assets in the real world (RWA). It also included improvements designed for institutional use.
With the infrastructure of the institutions in Deutsche Telekom, Injective is now a stronger basis to attract traditional financing players.
With the support of Binance, the encryption jumped, Pantira, and Mark Kobe, the injection is Blockchain Layer 1. The network has been processed more than a billion transactions on the series so far.
According to Defillalama, the total value of Locked (TVL) is located in Injective at $ 39.48 million, a size of 24 hours of $ 4.18 million so far. The original infection currency trades at $ 13.76, an increase of 1 %.
Also, this is not the first time that Deutsche Telekom becomes the Blockchain network. In November 2023, MMS became a scrutiner for Aleph Zero, Blockchain focused on privacy.
By June 2023, it hosted more than 60 million euros of assets such as ChainLink, Ethereum and Polkadot.
Dirk Roder, head of the MMS infrastructure and solutions team, has alluded to more upcoming developments, saying that the company is actively exploring the new Blockchain initiatives.
POST Deutsche Telekom is the health of the injection network first appeared on Invezz
