PRESS RELEASE. January 13, 2021 – T systems MMS, a subsidiary of the largest telecommunications provider in Europe, Deutsche Telekom, today announced a partnership with Flow Blockchain, developed by Dapper Labs, the company behind it CryptoKitties and NBA top shot. T-Systems’ flagship deployment in Flow will be the operation of an execution node. Validation Capital was involved in this partnership as a strategic advisor.
As part of the partnership, T-Systems MMS will run an execution node that will make a significant contribution to the computing resources of the flow blockchain. This is because execution nodes are responsible for both processing new blocks and storing them consistently. These tasks are by far the most computationally intensive and can therefore only be carried out with a reliable and trustworthy infrastructure provided by T-Systems.
Flow is a user-centric blockchain designed for mainstream adoption with the goal of delivering blockchain-enabled consumer applications to billions of people. Flow is the only Layer-One blockchain created by a team that both understands the importance of reducing complexity for ecosystem developers and has a proven track record in eliminating on-boarding friction for mainstream users. Trusted by leading companies like Ubisoft and Warner Music Group, Flow is advancing blockchain technology through partnerships with mainstream brands like Dr. Introducing Seuss, UFC and NBA to the global audience.
The details of the partnership include:
- T-Systems MMS provides a reliable and secure infrastructure that is necessary for Flow to scale and respond to current and future requirements of the developers and users of Flow.
- T-Systems MMS will operate one of the execution nodes of the flow network, which is responsible for the execution and subsequent storage of newly created blocks, which ensures the ongoing 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 fulfilling our ambitions to reach a global, general audience, ”said Roham Gharegozlou, CEO of Dapper Labs.
“Real digital ownership, direct fan base involvement and a comprehensive composability of the ecosystems that the Flow blockchain brings to the table not only enable the creation of new business models, but also represent a fundamental change in existing ones. We are expanding our partnership with Flow our portfolio of blockchain infrastructures and staking services. We are excited about the NFT space and will work to support the vision of public blockchains as the foundation for the open world and its numerous use cases for flow, ”says Dr. Andreas Dittrich, Head of the Blockchain Solutions Center at T-Systems MMS.
The presence of T-Systems MMS in Europe enables T-Systems to become a go-to-service provider in the European market for blockchain-related implementations and pilot programs. With its expertise in the areas of connectivity, digitization, cloud and IT infrastructure and digital security, the company positions itself as a disruptor in sectors that are still largely unaffected by blockchain.
The Blockchain Solution Center from T-Systems MMS is a team of experienced developers, architects and consultants in the blockchain area with an established position in the IT industry and a large number of customers who want to stay up to date with the latest technological advances.
If you, as the holder of a FLOW token, would like to participate in the professional Execution Node infrastructure from T-Systems, you can delegate this to the following node ID: 2b396b7fab0102f104a2af7e095b145cc14da28f863564802e158afc3e07e638
Note: Check the Node ID before delegating!
“Flow is the most important innovation to date in the general adoption of digital collectibles, creating an unprecedented ecosystem of content creators and developers that is shaping the future of apps and games.” – 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 like 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 stake in the communities they contribute, and create new avenues for consumers to create themselves. Dapper Labs publicly announced partners 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 founders of Dreamworks, Reddit, Coinbase, Zynga, and AngelList.
Information on multimedia solutions from T-Systems
T-Systems Multimedia Solutions facilitates the digital transformation of large and medium-sized companies. With annual sales of EUR 176 million in 2019, customers can develop new digital business models for industrial IoT, customer experience, new work and digital reliability. The digital service provider uses its consulting and technical know-how with around 2100 employees at seven locations and also offers dynamic web and application management. As the market leader, it offers a certified test laboratory for the Internet and multimedia industry that offers the highest standards in terms of software quality, accessibility and IT security.
For more information: www.t-systems-mms.com
Information on the validation capital
Validation Capital (“VCC”) is an infrastructure and investment firm for next-generation proof-of-stake and blockchain networks. VCC provides secure node infrastructure, investment capital and advice to industry leading networks such as Chainlink, VeChain and Crypto.com. The VCC team brings crypto expertise from Stratx Consulting Inc. with a mix of Wall Street and engineering talents. VCC’s finance team has over 25 years of capital markets and investment experience from companies such as CIBC, BMO and Moelis. The engineering team brings enterprise cybersecurity and network architecture best practices from Deloitte.
Multimedia solutions from T-Systems
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