XDC Network, the “enterprise-ready” blockchain for global trade finance and RWAs, is pleased to announce its collaboration with Deutsche Telekom MMS.
Deutsche Telekom MMS is a subsidiary of Deutsche Telekom, which is said to be “one of the world’s leading integrated telecommunications companies.”
The collaboration aims to make use of “the strengths of both parties to drive innovation and create new opportunities in the blockchain industry.”
Under this alliance, Deutsche Telekom MMS will “leverage its vast infrastructure capabilities to operate a masternode on the XDC Network and join as an infrastructure provider.”
The XDC Network’s unique blockchain consensus mechanism, XDC 2.0, “ensures enterprise-grade security and high-performance transaction capabilities, making it an ideal platform for high-demand applications.”
It also claims an ecosystem of participants “on the cutting edge of innovation in trade and finance.”
Dirk Röder, Head of Deutsche Telekom MMS Web3 Unit:
“We are thrilled to be a pivotal telecom infrastructure provider within the XDC Network’s ecosystem. This addition utilizes our enterprise-grade infrastructure to enable secure blockchain-based applications, with a focus on the finance sector.”
Accelerating Blockchain Adoption in Trade Finance, RWA and DePIN
XDC Network, a leading blockchain solution “for trade finance, real world asset (RWA) tokenization, and Decentralized Physical Infrastructure Networks (DePIN), is further strengthened by a partnership with Deutsche Telekom MMS, a prominent web3 infrastructure provider.”
Can Inac, Head of Ecosystem Germany of XinFin XDC Network, emphasizes:
”Our collaboration with Deutsche Telekom MMS underscores the adaptability and robustness of the unique XDC Network. The Deutsche Telekom MMS Masternode will secure innovative solutions that leverage blockchain technology to streamline operations and enhance service security globally, with the support of a leading web3 infrastructure provider.”
As noted in the update, XDC Network is “a blockchain specifically developed to support trade finance and RWA tokenization.”
An optimized, EVM-compatible, Layer 1, XDC Network reaches consensus “through a delegated proof-of-stake (dPoS) mechanism, which allows for a transaction time of mere seconds, near zero gas fees, and a high number of transactions per second (TPS).”
Secure, scalable, and efficient, the XDC Network powers “a wide range of novel blockchain use cases and provides state-of-the-art infrastructure for enterprise-grade blockchain applications.”
Deutsche Telekom MMS supports companies “in their digital transformation and develops sustainable business models for digital experiences.”
As a digital experience service provider, Deutsche Telekom MMS “offers customer-centric end-to-end solutions and brings digital to life.”