MAJOR EU TELECOM GIANT JOINS INJECTIVE AS A VALIDATOR: DETAILS…
- Deutsche Telekom, one of the world’s largest telecommunications companies, has expanded its presence in the blockchain space by becoming a validator for @Injective.
Key Details:
- Deutsche Telekom operates one of the most advanced telecommunications infrastructures in the world, serving over 252 million mobile customers and spanning more than 50 countries.
- Per reports, with its extensive experience in high-availability networks, Deutsche Telekom brings top-tier security, stability, and scalability to Injective.
- Its enterprise-grade data centers, 24/7 monitoring, and security protocols will enhance Injective’s network reliability.
Deutsche Telekom’s Expanding Web3 Infrastructure:
- Deutsche Telekom has already become a validator or strategic partner for multiple blockchain networks, including:
- Polygon (MATIC)
- Polkadot (DOT)
- Chainlink (LINK)
- NEAR (NEAR)
- Celo (CELO)
- Additionally, Deutsche Telekom has ventured into Bitcoin mining, using surplus renewable energy to contribute to the Bitcoin network.
What This Means for Injective:
- Injective is a high-performance Layer 1 blockchain designed specifically for DeFi, derivatives, and real-world assets.
- The blockchain was incubated by Binance and is backed by Jump Crypto, Pantera Capital, and Mark Cuban.
- By becoming Injective’s 60th validator, Deutsche Telekom joins other major players in securing the network, including:
- Kraken – A leading crypto exchange and institutional custodian.
- Binance Staking – A major staking provider for institutional and retail investors.
How Deutsche Telekom Will Operate as a Validator
Validators on Injective are responsible for:
- Staking INJ tokens – Deutsche Telekom will lock up Injective’s native token (INJ) to secure the network.
- Proposing and validating transactions – Ensuring fast, efficient, and secure transaction processing.
- Participating in governance – Voting on protocol upgrades and improvements.
- Maintaining cross-chain interoperability – Supporting Injective’s decentralized bridges with Ethereum, Polkadot, and other chains.
Images: Injective and Deutsche Telekom X platforms