CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
  • Market Updates
  • BTC Analysis
  • ETH Analysis
  • XRP Analysis
  • Interviews
CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
Home » Crypto News » Deutsche Telekom’s T-Systems MMS Taps Polkadot, Buys DOT Tokens

Deutsche Telekom’s T-Systems MMS Taps Polkadot, Buys DOT Tokens

Author: Chayanika Deka

Last Updated Dec 21, 2021 @ 15:16

Deutsche Telecom’s T-Systems Multimedia Solutions (MMS) has bought an undisclosed amount of DOT tokens in latest blockchain push.

Getting your audio player ready...

Deutsche Telekom AG subsidiary – T-Systems Multimedia Solutions (MMS) – is not new to the world of blockchain technology. In the latest development, Polkadot (DOT) has become the fourth blockchain that the German telecommunications giant has added to its list. Additionally, it has purchased an undisclosed amount of DOT tokens.

The latest move comes at a time when next-generation blockchains have moved beyond the hype and are witnessing growing adoption. Furthermore, it also cements the telco’s ambitious plans as the industry evolves.

Deutsche Telecom and Polkadot

According to the company’s statement, T-Systems Multimedia Solutions has bought a significant amount of Polkadot’s native DOT tokens. Polkadot is the brainchild of Etheruem co-founder Dr. Gavin Wood and is designed to accommodate different interconnected, application-specific sub-chains, also known as parachains.

Dr. Andreas Dittrich, the Head of the Blockchain Solutions Center at MMS, spoke about Deutsche Telekom’s openness to explore collaboration between people and companies. The announcement also mentioned that the company will be running numerous private as well public validators for the Polkadot network.

Deutsche Telekom is one of the world’s most prominent integrated telecom companies. Hence, its backing for Polkadot demonstrates rising interest in the ecosystem. But its subsidiary has more plans.

Going forward, Dittrich revealed that T-Systems Multimedia Solutions intends to develop its own applications on the Polkadot blockchain programming framework Substrate. It enables devs to build and release a blockchain with various features for different projects’ needs.

As of recently, staking services have emerged as quite an innovative business model for legacy telecoms companies. In February this year, the subsidiary of Europe’s biggest telco became one of the main data providers to prominent oracle network Chainlink.

T-Systems also revealed that it was staking on the Flow Network, the proof-of-stake (PoS) blockchain created by Dapper Labs. It announced plans to start staking on other chains in the coming days.

More recently, Deutsche Telekom made a similar significant purchase of Celo’s native asset CELO.

Polkadot Parachains

After five years of technical development, the open-source blockchain platform announced the launch of the first parachains last week, which are-  Acala, Moonbeam, Parallel Finance, Astar, and Clover. The main objective behind the creation of these chains, running parallel, is to create new opportunities through interconnected chains and set the scene for the next phase of the decentralized internet, Web3.


SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Tags: Polkadot
Enjoy reading? Share with your friends
Facebook Twitter LinkedIn Telegram

About The Author

Chayanika Deka
More posts by this author

Chayanika has been working as a financial journalist for six years. A graduate in Political Science and Journalism, her interest lies in regulatory implications with a focus on technological evolution in the crypto realm. Contact:Linkedin

Join Our Community

FacebookX YouTubeTelegram


Editorials
10 Best Meme Coins to Watch in June 2025

10 Best Meme Coins to Watch in June 2025

7 Best Meme Coin Presales to Watch in June 2025

7 Best Meme Coin Presales to Watch in June 2025

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

11 Best Crypto Presales to Consider in June 2025

11 Best Crypto Presales to Consider in June 2025

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

The 5 Best Bitcoin Mining Pools in 2025: Complete Guide

The 5 Best Bitcoin Mining Pools in 2025: Complete Guide

Join Our Newsletter
Become a CryptoPotato VIP
One Weekly Email Can Change Your Crypto Life.
Sign-up FREE to receive our extended weekly market update and coin analysis report
We NEVER send spam. You can unsubscribe at any time.
Invalid email address
Thanks for subscribing!
Footer Logo
About
Advertise on CryptoPotato
About Us | Contact Us | Careers
Editorial Policy
Terms of service | Privacy Policy | GDPR
More Sections
IEO List | Evaluations
Airdrops
Scholarship
Disclaimer
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
© Copyright CryptoPotato 2016 - 2025
Scroll to top
One Daily Email Can Change Your Crypto Life.

Sign-up FREE to receive our extended daily market update and coin analysis report

We never send SPAM. You can unsubscribe at any moment
Invalid email address
Thanks for subscribing!