The following Deutsche Telekom’s acquisition Blockchain platform jealous Local assets (CELO), digital service provider T-Systems MMS and Deutsche Telekom subsidiary are now operational Validator On Celo’s public blockchain network.
Celo is a Open source blockchain ecosystem Focus on making decentralized financial systems and tools (DeFi) accessible to anyone with a smartphone.
The US private venture capital fund Andreessen Horowitz (a16z) also entrusted CELO’s local assets to the T-Systems MMS validator group. By operating the validator, T-Systems MMS contributes to the infrastructure of the Celo blockchain network.For this purpose, the Deutsche Telekom subsidiary uses Open Telecom Cloud, To meet the most stringent security and compliance requirements.
“Choosing a diverse set of globally distributed validators is critical to maintaining a secure and technically strong blockchain network. We are working with Deutsche Telekom because their incentives are consistent with Celo’s vision to build a global payment platform. The platform can be used by anyone with a mobile phone.”
– Katie Haun, general partner of Andreessen Horowitz
T-Systems MMS is rewarded by the network cUSD, which is a stable currency on Celo.
“After Chainlink and Flow, Celo is the third public blockchain network that we actively support through infrastructure. Celo’s vision of creating a global payment solution for mobile users inspires us, and we are proud to participate in the development of this vision The public blockchain is the future of value-based collaboration. Our strategic cooperation with a16z and their substantial investment in Celo strengthen our ambitions to actively shape the future.”
– Dr. Andreas Dittrich, Head of T-Systems MMS Blockchain Solutions Center