Besides countless DeFi projects, one cryptocurrencies in particular is currently being hyped: Chainlink (LINK). The project promises with its technology to link off-chain data with the blockchain. After China’s blockchain service announced to use Chainlink, the next big cooperation follows.
T-System receives digital assets as node operator
T-Systems is a subsidiary of Deutsche Telekom AG, which generated revenues of more than $90 billion USD in 2019. Headquartered in Frankfurt, Germany, T-System employed 37,000 people in more than 20 countries in 2017, 18,000 of them at T-Systems International GmbH in Germany. The service provider offers solutions for the automotive industry, telecommunications, the financial sector, retail, services, media, energy and manufacturing, as well as public administration and healthcare.
As the company announced in a blog post, it will operate a chainlink node with immediate effect. This will ensure the reliability of external data linked to smart contracts:
As a node operator, T-Systems MMS ensures the reliable connection of external data to smart contracts and earns digital assets in return.
By operating a Chainlink node, MMS from T-Systems will provide reliable real-world data for Chainlink network users and decentralized applications (dApps) on Ethereum. The Deutsche Telekom subsidiary will therefore continue to support the vision of public blockchains as the basis for numerous use cases such as decentralized finance (DeFi).