top of page
ad cnp.png

Germany’s Deutsche Telekom’s Subsidiary T-Systems Is Now A Chainlink Node Operator

A subsidiary of Deutsche Telekom, one of Germany’s leading companies called T-Systems has become a Chainlink (LINK) node operator.

Deutsche Telekom employs over 200,000 people and has a market capitalization of $80 billion.


We’re thrilled to welcome @DeutscheTelekom’s @TSystems_MMS IT Services group to Chainlink. @Tsystemscom’s world-class infrastructure team secures a large amount of enterprise value today & is now on mainnet helping secure Chainlink’s oracle network. — Chainlink – Official Channel (@chainlink) July 22, 2020

T-Systems’ announcement calls this arrangement “generalized mining”:

“By providing real-world data to the Chainlink network, T-Systems MMS engages in a so-called ‘generalized mining’, where it provides an IT service to a blockchain network while getting paid in digital assets for reliably doing so. As there is a significant value locked in DeFi, such IT services play an important role in the overall Ethereum ecosystem.”

T-Systems is in the business of digital transformations of large corporations and medium-sized companies. The company employs more than 2,000 people and had a turnover of 176 million euros in 2019.

Gleb Dudka, Analyst at T-Systems MMS says that the company believes it is responsible for supporting public network infrastructure:

“You could even say duty as a telecom company to be a public blockchain network infrastructure provider.”

Initially, T-Systems will be just a node operator, although telecom-specific use cases for blockchain tech such as roaming settlement are also being considered.

 

Source: Cointelegraph | Image: Unsplash

Yorumlar


logo-footer.png

Follow Us On

twiter-white.png
insta-white.png
fb-white.png
yt--white.png

None of The Information You Read On Crypto News Point Should Be Regarded As Investment Advice.
Cryptocurrencies Are Highly Volatile, Conduct Your Own Research Before Making Any Investment Decisions.

Contact Us

Thanks for submitting! We will get in touch soon.

bottom of page