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Deutsche Telekom (the creator of T-Mobile), stated recently its wireless network is going to be operated through the Ethereum cryptographic ledger. It is going to use the infrastructure that is really similar to blockchain and build a whole new ecosystem with Ethreum in the center.
According to the information from the DT company, the T-Mobile operating system is going to introduce liquid Ether storage to its users by means of international partnership with an ETH provider, StakeWise. It is the German technological gigantic corporation.
In terms of partnership agreement, the DT associative will be engaged in the administration of the dApp by becoming a part of the StakeWise — a distributed self-regulated company (DAO).
The DT press release
In accordance with the DT press release information, such a decision will enhance the company’s work and operation in the desentralized cryptocurrency sector, as well as protect it from data leaks and other security threats. Its goal is to create a measure for network transparency development.
This change is also supposed to back up Ethereum’s transition to a PoS contract mechanism (way to make sure the ownership of cryptocurrency assets), while T-Mobile servers are working with other “resilient” cryptocurrency systems (Flow or Celo).
After working with the described crypto assets for a couple of years, the company has undergone a crucial phase of using the blockchain world opportunities in money management and is now launching new ways to work with Ethereum.
Goverment investment
Kirill Kotakov, co-invertor of StakeWise, stated in his latest announcement, that he hopes to see a steady growth of capital inflows and needs for the Ethereum cryptocurrency. In addition to that, he told the reporters that the cooperation with T-Systems will increase Ethereum wallets and account security.
And that is what is happening right away. With the increased value of the Ethereum stocks on the market and its appeal to investors, the infrastructure provider will increase the loyalty and safety of the T-Systems MMS protocol and the whole Ethereum ecosystem.
His assumptions reflect the reality: long term blockchain investors expect that the cooperation will cause a new corporate sponsorship influx. Bloomberg analysts found that lower energy utilization together with further innovative improvements will boost the commercial value of Ethereum assets and the development of innovative technology of its operation and production.
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