Deutsche Telekom MMS joins the MultiversX Network as a validator, to verify transactions, create blocks and protect the network from attacks.
The Deutsche Telekom partnership will enable fast, secure and cost-effective Web3 applications.
The basis for this is Deutsche Telekom's own
With nearly 350 million transactions and over two million accounts, the company is driving the use of the Metaverse. MultiversX offers several products for digital experiences. Its innovative "Adaptive State Sharding" technology divides the blockchain into segments, also called "shards", which enables linear scalability.
New protocol upgrades set to extend the network’s capacity to over 100K transactions per second were showcased yesterday during the xDay conference.
"The Metaverse needs secure infrastructures because digital experiences and the gaming world for the masses require stable networks. I am happy to take the next step in Web3 together with MultiversX and to shape this new era," says Dirk Röder, responsible for the Web3 Infrastructure & Solutions Team at Deutsche Telekom MMS.
"A strong sign of blockchain's progress is when industry veterans pay attention to and actively participate in it. Today, we are further pushing Web3's potential by creating new pathways and exploring new experiences with Deutsche Telekom MMS,"
said Beniamin Mincu, MultiversX CEO.