Deutsche Telekom, as an infrastructure provider, joins the XDC Network focusing on RWA and DePIN fields.
Powered by ChatGPTOdaily Planet Daily News: Deutsche Telekom's subsidiary announced on Thursday that it will expand its Web3 services to the $XDC Network ($XDC), a blockchain focusing on tokenizing RWA, trade finance, and DePIN. Deutsche Telekom MMS, dedicated to cloud and internet infrastructure, joins the network as an infrastructure provider and will operate a backup masternode. This type of node does not automatically validate transactions on the blockchain but is invoked if the number of operating validator masternodes falls below the required level of 108. Dirk Röder, Head of Web3 at Deutsche Telekom MMS, stated: "This initiative leverages our enterprise-grade infrastructure to enable secure blockchain-based applications, with a focus on the financial sector." (CoinDesk)