Deutsche Telekom’s latest partnership with Subsquid follows its recent announcement to expand into Bitcoin mining at the BTC Prague conference.
T-Mobile Deutsche Telekom MMS has partnered with Subsquid, a decentralized data platform, to operate dedicated worker nodes within Subsquid‘s decentralized “data lake.”
According to a press release, the collaboration aims to enhance the security and efficiency of blockchain data retrieval and delivery. Worker nodes in the Subsquid network process data queries and retrieve the requested information from the data lake for data consumers.
In a written Q&A, Alexander Ebeling, co-founder of Web3 Unit at Deutsche Telekom MMS, said:
“For Deutsche Telekom, this collaboration aligns with our strategic vision of embracing decentralization and supporting the development of new, decentralized business models.”
This partnership marks another step in Deutsche Telekom’s ongoing commitment to advancing blockchain technology and decentralized networks.
Summary Review: Deutsche Telekom’s partnership with Subsquid underscores its strategic commitment to embracing decentralization and enhancing blockchain data infrastructure. By joining forces with Subsquid, Deutsche Telekom aims to improve the security and efficiency of blockchain data retrieval, contributing to the growth and development of decentralized business models. This move aligns with the company’s broader vision of supporting innovative technologies and expanding its presence in the blockchain space.
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