The Deutsche Telekom subsidiary announced Thursday that it will expand its Web3 services to the XDC Network (XDC), a blockchain focused on tokenized RWA, trade finance, and DePIN.
Deutsche Telekom MMS, which specializes in cloud and internet infrastructure, joins the network as an infrastructure provider and will operate a standby masternode. This type of node does not validate transactions on the blockchain by default, but is called upon if the number of operating validator masternodes falls below the required 108 level.
Dirk Röder, head of Web3 at Deutsche Telekom MMS, said: "This initiative leverages our enterprise-grade infrastructure to enable secure blockchain-based applications, with a focus on the financial sector." (CoinDesk)