Deutsche Telekom Becomes Validator of Privacy-Focused Aleph Zero, More to Come
Privacy-enhancing layer-1 blockchain Aleph Zero has announced Deutsche Telekom’s wholly-owned subsidiary, Deutsche Telekom MMS, as its newest validator.
Talking to Cryptonews, execs from the two companies discussed the relevance of supporting blockchains, what it means when a major company does so, what kind of privacy-focused blockchain can lead to wider institutional adoption, and what obstacles stand in the way of traditional companies joining the Web3 realm.
According to the press release shared with Cryptonews, by establishing a validator node on both the mainnet and testnet, Deutsche Telekom MMS is now providing its infrastructure and contributing to the security, governance, and decentralization of Aleph Zero.
The subsidiary not only expanded its portfolio, but per the announcement,
“This the first instance of Deutsche Telekom partnering with a privacy-focused network.”
And Aleph Zero is growing, too. Its co-founder, Antoni Zolciak, told Cryptonews that the team is expanding the validator network on three fronts: community, academia, and enterprises, adding:
“With ~130 validators, most of them are operated by various network participants, such as various Aleph Zero supporters (groups, individuals, venture capital funds) as well as institutions like the University of Nicosia.”
Dirk Röder, Head of the Web3 Infrastructure and Solutions Team at Deutsche Telekom MMS, opined that the importance of Web3 security, privacy, and decentralization is evident by incidents such as hacks and security leaks.
Aleph Zero, said the announcement, offers the benefits of blockchain transparency in combination with privacy options for specific communications, transactions, and records of individuals and organizations.
Its layer-1 blockchain is
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