Deutsche Telekom’s T-Systems MMS Supports Polkadot Blockchain Ecosystem

Published by BingX Official at 2021-12-22

Today’s Cryptocurrency Headline

Deutsche Telekom, the largest European telecommunications company, announced Tuesday its digital innovation subsidiary T-Systems Multimedia Solutions (MMS) will use its infrastructure to participate in the public blockchain network Polkadot as a validator. In addition, T-Systems MMS has acquired DOT tokens and supports interoperability between decentralized blockchain networks. T-Systems MMS will use those DOT tokens to stake on the Polkadot network, which has involved integrating a crypto business function into the telco’s accounting system.

BingX’s Bitcoin Chart

Source: TradingView& BingX

A recent study conducted by The National Bureau of Economic Research shows 0.01% Bitcoin addresses control 27% of all circulating coins, which means that Bitcoin’s “one percent” controls a greater share of BTC than the richest U.S. households control in dollars. We have seen BTC has gained 4% in the last 24 hours and it is approaching the 200-day exponential moving average (200-day EMA). BTC needs to break through and maintain above this major price level in order to reverse the bearish trend.

Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.