Three months ago, T-Systems, a division of Deutsche Telekom, announced its blockchain Validation as a Service. The initial product is to provide staking services for the yet-to-launch public blockchain Polkadot alongside other blockchains. Although T-Systems delivers end-to-end services for enterprise blockchain, as an infrastructure provider, it envisions public blockchain services as a core offering. And it already sees a proven business case.
For now, enterprises using public blockchains are newsworthy. But this is gradually starting to change with the combination of Facebook’s Libra, the need for interoperability, and the availability of privacy solutions for public blockchains.
One could argue that parent Deutsche Telekom is already participating in a public distributed ledger (DLT) as a member of the governing council of Hedera Hashgraph. However, it’s both positioned as an enterprise DLT and the nature of Hedera’s governance means it’s permissioned.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
