Deutsche Telekom, one of Europe’s largest telecommunications companies, is leveraging its infrastructure in Web3 to become a Polygon Network validator. Polygon is an Ethereum scaling protocol with a total of 100 validators providing staking and validation services.
Deutsche Telekom provides consulting and software development services as well as using its infrastructure to boost network security and explore new revenue streams. The company is a validator for several blockchain protocols, including Celo, Q, Flow, Ethereum, and Chainlink.
Polygon has grown into an important layer 2 within the Ethereum ETH ecosystem, offering a range of scaling solutions, from side chains, data availability, to the zero-knowledge rollups which has recently hit the mainnet. By operating as a Polygon validator, Deutsche Telekom MMS will help secure the 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. Dirk Röde, head of Deutsche Telekom’s Blockchain Solutions Center, stated: “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.”
