PRESS RELEASE. January 13, 2021 – T systems MMS, a subsidiary of the largest telecommunications provider in Europe, Deutsche Telekom, today announces a partnership with Flow blockchain developed by Dapper Labs, the company behind CryptoKitties and NBA top photo. The flagship of T-Systems on Flow is the operation of an execution node. Validation Capital was involved in this collaboration as a strategic advisor.
As part of the partnership, T-Systems MMS will run an execution node, resulting in a significant contribution to the processing power of the Flow blockchain. This is because Execution Nodes are responsible for both the processing of new blocks and the subsequent storage. These tasks are by far the most computationally intensive and as such can only be performed with a reliable and trusted infrastructure, which T-Systems offers.
Flow is a user-centric blockchain built for mainstream adoption, with the goal of bringing blockchain-enabled consumer applications to billions of people. Flow is the only layer one blockchain built by a team that both understands the importance of reducing complexity for ecosystem developers and has proven expertise in eliminating on-boarding friction for regular users. Trusted by leading companies such as Ubisoft and Warner Music Group, Flow will introduce blockchain technology to a global audience through partnerships with mainstream brands such as Dr. Seuss, the UFC, and the NBA.
The details of the partnership include:
- T-Systems MMS will provide a reliable and secure infrastructure that Flow needs to scale and respond to all current and future needs of both Flow developers and users.
- T-Systems MMS will manage one of the execution nodes of the Flow network, responsible for the execution and subsequent storage of newly created blocks, ensuring the continued operation of the decentralized network.
“At Dapper Labs, we believe that a seamless and efficient user experience is paramount to adoption. Our partnership with T-Systems is key to realizing our ambitions to reach a global, general audience, ”said Roham Gharegozlou, CEO at Dapper Labs.
“True digital ownership, direct fan engagement and rich ecosystem composability, which the Flow blockchain brings to the table, not only enables the creation of new business models, but also represents a fundamental shift in existing ones. Through our partnership with Flow, we expand our portfolio. of blockchain infrastructure and strike services. We are excited about the NFT space and will be committed to supporting the vision of public blockchains as a foundation for the open world and the numerous use cases on Flow, ”says Dr. Andreas Dittrich, Head of Blockchain Solutions Center at T-Systems Mms.
T-Systems’ foothold in Europe allows it to become a go-to service provider in the European market for blockchain-related implementations and pilot programs. With expertise in connectivity, digitization, cloud & IT infrastructure and digital security, the company positions itself as a disruptor in sectors that are still largely untouched by blockchain.
The T-Systems MMS Blockchain Solution Center is a team of experienced developers, architects and consultants in the blockchain field with an established position in the IT industry and a wide range of clients who want to keep abreast of technological advancements.
As a FLOW token holder, if you want to participate in T-Systems’ professional Execution Node infrastructure, you can do so by delegating to the following node ID: 2b396b7fab0102f104a2af7e095b145cc14da28f863564802e158afc3e07e638
Note: Please double check the node ID before delegating!
“Flow is the most important innovation yet toward mainstream adoption of digital collectibles and has led to an unparalleled ecosystem of developers and content creators building the future of apps and gaming.” – Michael Horowitz, CEO of Validation Capital.
About Dapper Labs
Dapper Labs is the company behind CryptoKitties and the Flow blockchain, as well as upcoming titles such as NBA Top Shot. Founded in 2018, Dapper Labs uses blockchain technology to bring new forms of digital engagement to fans around the world. Blockchain-enabled applications can bring fans closer to the brands they love, give people a real share in the communities they contribute to, and create new ways for consumers to become creators themselves. Publicly announced partners of Dapper Labs include the NBA and NBPA, Warner Music Group, Ubisoft and UFC. Notable investors in Dapper Labs include Andreessen Horowitz, Union Square Ventures, Venrock, Google Ventures, Samsung and the Dreamworks founders, Reddit, Coinbase, Zynga and AngelList.
About T-Systems Multimedia Solutions
T-Systems Multimedia Solutions facilitates the digital transformation of large companies and medium-sized companies. With annual revenue of € 176 million in 2019, it enables its customers to develop new digital business models for Industrial IoT, Customer Experience, New Work and Digital Reliability. Leveraging its consultancy and technical expertise with some 2,100 employees in seven locations, the digital service provider also offers dynamic web and application management. As a market leader, it offers a certified testing laboratory for the Internet and multimedia industry, delivering the highest standards in software quality, accessibility and IT security.
For more information: www.t-systems-mms.com
About validation capital
Validation Capital (“VCC”) is an infrastructure and investment company for next-generation proof-of-stake and blockchain networks. VCC provides secure node infrastructure, investment capital and advice to leading networks, including Chainlink, VeChain, and Crypto.com, among others. The VCC team brings crypto expertise from Stratx Consulting Inc. with a mix of Wall Street and technical talent. VCC’s finance team has more than 25 years of capital market and investment experience with companies such as CIBC, BMO and Moelis. The engineering team brings enterprise best practices in cybersecurity and network architecture from Deloitte.
T-Systems Multimedia solutions
Presse- and Öffentlichkeitsarbeit
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