Deutsche Telekom Joins RWA-Focused XDC as Infrastructure Provider in Digital Asset Push
- bhoomisinghal0
- Jul 25, 2024
- 1 min read
German telecommunications giant, Deutsche Telekom's subsidiary announced on Thursday that it will expand its Web3 services to the XDC Network (XDC), a blockchain focused on tokenized real-world assets (RWA), trade finance and decentralized physical infrastructure (DePin). Deutsche Telekom MMS, dedicated to cloud and internet infrastructure, joined the network as an infrastructure provider and will operate a standby masternode. The announcement is the latest example of the global telecom company's growing blockchain prowess, following Röder's comment last month at the Bitcoin Prague conference last month that Deutsche Telekom MMS will start mining BTC.
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