Blockchain
Blockchain platform Polygon (MATIC) has announced a partnership with telecommunications giant Deutsche Telekom. As part of the partnership, Deutsche Telekom will become one of 100 validators on the Polygon Proof-of-Stake (PoS) network. The partnership enables Deutsche Telekom to explore the potential of blockchain technology while ensuring Polygon’s security and decentralization.
Through its subsidiary Deutsche Telekom MMS, the company will provide staking and validation services for both Polygon’s PoS network and Supernet solutions, according to a press release. Dirk RODERhead of Deutsche Telekom’s Blockchain Solutions Center, emphasized Polygon’s developer-friendly and secure nature and expressed his enthusiasm for the collaboration, which is an important step towards more companies embracing blockchain technology and the Web3 ethic.
The partnership reflects the growing popularity and adoption of the Polygon blockchain network across all industries. Michael BLANK, COO of Polygon Labs, urged more companies to consider joining the ecosystem. This year, Polygon has made significant efforts to improve scalability. In March, the Polygon team launched a beta version of the zkEVM mainnet, based on its open source Ethereum scaling technology, promising to reduce transaction costs and increase throughput of smart contract deployments.
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