Altcoin

BREAKING! Aleph Zero Partners with Deutsche Telekom — AZERO Jumps 10%

Key Takeaways:

  • Aleph Zero partners with Deutsche Telekom.
  • The collaboration marks the communication giant’s first privacy-oriented network partnership.
  • AZERO coin jumps 10% on the news.
BREAKING! Aleph Zero Partners with Deutsche Telekom — AZERO Jumps 10%

YEREVAN (CoinChapter.com) — Privacy-enhancing layer-1 protocol Aleph Zero has partnered with Deutsche Telekom’s wholly-owned subsidiary, Deutsche Telekom MMS, as the latter joined the protocol’s network of validators.

Deutsche Telekom MMS has established a validator node on both the mainnet and testnet, providing its infrastructure to contribute to the collective security, governance, and decentralization of Aleph Zero.

read the press release.
AZERO and Deutsche Telekom collaborate.

New market for Aleph Zero

The privacy protocol will boost Deutsche Telekom MMS’s infrastructure portfolio and mark the first privacy-focused network partnership for the largest telecommunications provider in Europe.

Dirk Röder, Head of the Web3 Infrastructure & Solutions Team at Deutsche Telekom MMS, commented on the potentially fruitful developments.

Past incidents such as hacks and security leaks have shown the importance of security, privacy, and decentralization on the web3. With new technical standards and a high level of decentralization, we are working together on the secure Internet of Values.

asserted Röder.

AZERO jumps on the news

Notably, Deutsche Telekom MMS represents over 245 million customers worldwide, which opens Aleph Zero to a wider audience. As of 17:00 GMT on Nov 2, the Protocol’s AZERO token gained 10% in the previous 24 hours, reaching $0.92.

AZERO four-hour price action chart. Source: TradingView.com

This article will be updated with further details as the story unfolds

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