In a strategic maneuver to fortify its presence in the digital asset realm, Deutsche Telekom‘s subsidiary, Deutsche Telekom MMS, announced on Thursday its foray into the XDC Network (XDC)—a blockchain ecosystem tailored for tokenized real-world assets (RWA), trade finance, and decentralized physical infrastructure (DePin). This move signifies an expansion of Deutsche Telekom’s Web3 services.

Deutsche Telekom MMS, renowned for its prowess in cloud and internet infrastructure, has enlisted as an infrastructure provider for the XDC Network. The subsidiary will operate a standby masternode, a critical component designed to be activated only when the count of active validator masternodes falls below the threshold of 108. Unlike primary nodes, standby masternodes remain dormant until needed, ensuring network resilience and stability.

“This integration leverages our enterprise-grade infrastructure to support secure blockchain-based applications, particularly within the financial sector,” articulated Dirk Röder, head of Deutsche Telekom MMS’s Web3 division.

This announcement underscores the global telecommunications behemoth’s escalating involvement in blockchain technology. Röder, speaking at the Bitcoin Prague conference last month, revealed Deutsche Telekom MMS’s intentions to commence Bitcoin (BTC) mining operations. Currently, the company manages nodes on both Bitcoin and Lightning networks, a testament to its expanding blockchain expertise.

Moreover, Deutsche Telekom MMS operates validators across a spectrum of proof-of-stake blockchains, including Ethereum (ETH), Polygon (MATIC), and Polkadot (DOT). Additionally, it offers staking services, allowing customers to deposit tokens and earn rewards for contributing to network maintenance.

XDC, a layer-1 blockchain compatible with the Ethereum Virtual Machine (EVM), touts rapid transaction speeds and minimal gas fees. The network supports euro and U.S. dollar stablecoins and tokenized representations of tangible assets such as gold and U.S. Treasuries, positioning itself as a versatile platform for digital asset transactions.