Deutsche Telekom MMS Powers Network Security and Verification for MultiversX

Deutsche Telekom MMS joins the MultiversX Network as a validator, and verifies transactions, creates blocks and protects the network from attacks. Thus, the Deutsche Telekom subsidiary enables fast, secure and cost-effective Web3 applications.

MultiversX has created a highly scalable, efficient and secure blockchain architecture capable of supporting high demand enterprise, DeFi, Web3 and Metaverse applications. With nearly 350 million transactions and over two million accounts, the company is driving the use of the Metaverse. MultiversX offers several products for digital experiences: Among them, the high-performing xPortal App, which allows companies to develop and integrate digital financial solutions and send and receive cryptocurrencies and NFTs. AI avatars and a chat feature help to better interact and communicate with customers and clients. "Adaptive State Sharding" technology divides the blockchain into segments, also called "shards." Shards hold only parts of data, which enables linear scalability. It has the capacity to process more transactions, the workload is better distributed, and the network is not overloaded.

As a validator, Deutsche Telekom MMS plays an important role. The company ensures that the blockchain network remains secure and trustworthy. The basis for this is Deutsche Telekom's own multi-cloud strategy, high-performance infrastructure, 24/7 maintenance by experts and a wealth of experience in managed networks.