German telecom giant Deutsche Telekom has become the first telecommunications company to operate a validator within the NEAR Protocol. The company is joining the NEAR ecosystem's Enterprise Node Operators program to support the decentralization and security of the network. Deutsche Telekom will play a key role as a validator and believes that the collaboration is promising and innovative. The company's involvement expands its staking portfolio to include a network in the field of decentralized AI and scalability. The minimum required stake to become a validator on the NEAR Protocol is around $383,000. NEAR's price increased by 9.5% after the news. This collaboration follows Deutsche Telekom's recent pilot project with Bankhaus Metzler to explore using surplus renewable energy for Bitcoin mining.
- Content Editor ( crypto.news )
- 2024-11-12
Germany’s Deutsche Telekom joins NEAR as blockchain validator