Deutsche Telekom MMS joins the MultiversX network as a validator to verify transactions, create blocks and protect the network against attacks. The partnership with Deutsche Telekom will enable fast, secure and cost-effective Web3 applications.
Communications giant Deutsche Telekom is working with MultiversX for the adoption of Web3
As validator, Deutsche Telekom MMS plays an important role. The company ensures that the blockchain network remains safe and reliable. The basis for this is that of Deutsche Telekom multi-cloud strategypowerful infrastructure, 24/7 maintenance by experts and a wealth of experience in managed networks.
MultiversX has created a highly scalable, efficient and secure blockchain architecture capable of supporting in-demand enterprise, DeFi, Web3 and Metaverse applications. With nearly 350 million transactions and more than two million accounts, the company is driving the use of the Metaverse. MultiversX offers various products for digital experiences. The innovative ‘Adaptive State Sharding’ technology divides the blockchain into segments, also called ‘shards’, which enables linear scalability.
Join Web3 mass adoption and advancement programs
New protocol upgrades that should expand the network’s capacity to more than 100,000 transactions per second were demonstrated yesterday at the xDay conference.
Dirk Röder, responsible for the Web3 Infrastructure & Solutions Team at Deutsche Telekom MMS emphasizes the importance of cooperation with MultiversX
The Metaverse needs secure infrastructures because digital experiences and the gaming world require stable networks for the masses. I am happy to take the next step in Web3 together with MultiversX and shape this new era
Beniamin Mincu, CEO of MultiversX, is confident that the new partnership can increase the stack of opportunities available to Metaverse and Web3 enthusiasts worldwide:
A strong sign of blockchain’s progress is when industry veterans pay attention to it and actively participate in it. Today we are further expanding the potential of Web3 by creating new avenues and exploring new experiences with Deutsche Telekom MMS
MultiversX is developing a highly scalable, secure and decentralized blockchain network created to enable radically new applications, for users, businesses, society and the new metaverse frontier.