In the wave of blockchain technology development, the cross-border collaboration between traditional industry giants and emerging tech investors is leading the trend. Deutsche Telekom, as the world's first telecom operator to join the Celo network, has made significant purchases of Celo native assets through its strategic investment department, while its subsidiary T-Systems MMS has become a network validator, utilizing its cloud computing advantages to provide critical infrastructure support for the Celo ecosystem.



Deutsche Telekom's participation is not limited to investment and technical support, but also includes the opening of its SMS API services. This move significantly enhances the diversity and reliability of the decentralized phone verification protocol on the Celo platform, effectively lowering the entry barrier for users and laying a solid foundation for the expansion of the Celo ecosystem.

At the same time, the famous venture capital firm Andreessen Horowitz (a16z) has also shown support for Celo in various ways. In addition to delegating its held Celo assets to T-Systems MMS for staking to enhance network security, a16z's crypto research team has established a deep collaborative relationship with Celo's core developers. The two parties are jointly exploring innovative solutions, including 'ZK-Reserve', aimed at improving the transparency and credibility of Celo's stablecoin reserve assets.

This cross-industry collaboration model demonstrates the synergy between traditional enterprises and emerging technologies, not only providing Celo with strong technical support and market confidence but also injecting new vitality into the development of the entire blockchain industry. With the participation of more traditional giants and investment institutions, we can expect to see blockchain technology playing a role in broader application scenarios, driving the innovation of financial technology and the development of inclusive finance.
CELO-0.4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
CryptoWageSlavevip
· 17h ago
It's strange that celo can rise.
View OriginalReply0
GasFeeNightmarevip
· 10-19 22:26
Still on Celo?
View OriginalReply0
AirdropHunterWangvip
· 10-19 13:50
Deutsche Telekom has something going on here.
View OriginalReply0
Tokenomics911vip
· 10-19 13:50
The celo ecosystem is pretty good, it should have been laid out earlier.
View OriginalReply0
SchrödingersNodevip
· 10-19 13:49
Is CELO so fierce?
View OriginalReply0
WalletAnxietyPatientvip
· 10-19 13:46
I thought Deutsche Telekom had done a Rug Pull.
View OriginalReply0
0xSunnyDayvip
· 10-19 13:37
Early Celo investors didn't run away either, bullish.
View OriginalReply0
LiquidationAlertvip
· 10-19 13:35
Let's not say it's stable.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)