Deutsche Telekom (DT) is making another foray into the world of blockchain, becoming the first telco to join the Celo Alliance for Prosperity: a 130-member alliance with the lofty ambition of building a financial system that creates the conditions of prosperity for everyone by offering crypto currencies on mobile phones.
The German group also said it has made a significant purchase of Celo s native asset, CELO. The purchase will be made by the Telekom Innovation Pool (TIP), DT s strategic investment fund that is advised by Deutsche Telekom Capital Partners (DTCP).
DT explained that it will operate infrastructure across the Celo ecosystem. Its subsidiary, T-Systems Multimedia Solutions (T-Systems MMS) will operate as a validator utilizing the Open Telekom Cloud (OTC). DT will also open up its SMS API to allow validators to send verification text messages using its service.
Deutsche Telekom Stakes on Blockchain after Supporting Chainlink
Feb 10 2021 · 13:17 UTC | Updated
Feb 10 2021 · 13:20 by John K. Kumi · 3 min read
Photo: Depositphotos
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Deutsche Telekom has over the years focused on providing complex infrastructure providing the internet. For this reason, it is not far from its goal to provide infrastructure support to the recipients.
The largest communication company in Europe by revenue Deutsche Telekom AG (ETR: DTE) has silently begun staking on Dapper Lab’s Flow Network, said to be an ultra-scalable proof-of-Stake blockchain through its subsidiary T-Systems Multimedia Solutions. The company has decided to proceed with staking other chain companies in the future.
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New Draka UC500 Cat.6A U/UTP cables: Higher fire protection with the same performance and manageability
Prysmian Group: BU Multimedia Solutions extends UC500 cable series by two products in the fire protection classes B2ca/Cca s1a d1 a1
Cologne/Germany, 10th December, 2020. BU Multimedia Solutions (MMS) of Prysmian Group now offers its Draka copper cable UC500 23 U/UTP Cat.6A Z1s in the CPR fire protection classes B2ca s1a d1 a1 and Cca s1a d1 a1. With this further development, users benefit from increased fire safety without having to accept any loss of performance or manageability. The patented discontinuous ZEBRA foil tape provides high-quality shielding against alien crosstalk.