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Home»Blockchain»Deutsche Telekom’s Subsidiary Joins Aleph Zero’s Validator Network to Enhance Privacy & Security
Blockchain

Deutsche Telekom’s Subsidiary Joins Aleph Zero’s Validator Network to Enhance Privacy & Security

2023-11-02No Comments2 Mins Read
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Zug, Switzerland — Aleph Zero, the privacy-enhancing layer 1 blockchain, has announced a strategic partnership with Deutsche Telekom’s wholly-owned subsidiary, Deutsche Telekom MMS. This collaboration signifies a significant step forward in enhancing security, governance, and decentralization on Aleph Zero, with Deutsche Telekom MMS joining the network as a validator.

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In a rapidly evolving Web3 infrastructure landscape, Aleph Zero has secured the trust of household brands like Deutsche Telekom MMS, positioning itself alongside other industry giants like Ethereum, Polygon, Polkadot, Chainlink, Energy Web, Q, Celo, and Flow. This partnership underscores Aleph Zero’s credibility, its approach to on-chain privacy, and its potential for enterprise-grade scalability.

Deutsche Telekom MMS, a subsidiary of one of the world’s largest telecommunications companies, has taken a significant step by becoming a validator on Aleph Zero’s mainnet and testnet. This marks the first instance of Deutsche Telekom partnering with a privacy-focused network.

Dirk Röder, Head of the Web3 Infrastructure & Solutions Team at Deutsche Telekom MMS, emphasized the importance of security, privacy, and decentralization in the Web3 landscape.
“With new technical standards and a high level of decentralization, we are working together on the secure Internet of Values.”

Dirk Röder, Head of the Web3 Infrastructure at Deutsche Telekom MMS
Aleph Zero’s Co-founder, Antoni Zolciak, expressed gratitude for Deutsche Telekom’s trust in the platform and the potential of this collaboration. He highlighted that Deutsche Telekom represents over approximately 245 million customers worldwide, making this partnership even more significant.

Aleph Zero’s layer 1 blockchain is known for its unique features, including an original consensus protocol called AlephBFT, ink! smart contracts developed by the Polkadot team, and WebAssembly (WASM) support. While maintaining the transparency associated with public blockchains, Aleph Zero also offers robust privacy technology. This privacy technology combines zero-knowledge proofs (ZK-SNARKs) and secure Multi-Party Computation (sMPC) to protect sensitive data and transactions.

See also  CFTC official says anonymity in crypto is a national security risk

ZK-SNARKs enable users to provide a succinct proof of a computation without revealing the actual data, ensuring privacy while maintaining transparency. On the other hand, sMPC divides data into pieces stored off-chain across multiple nodes, preventing any single participant from accessing the data’s contents. This approach is particularly well-suited for tasks involving private data from multiple users, such as private voting or secure data exchange.

Aleph Zero’s innovative approach balances the strengths and weaknesses of ZK-SNARKs and sMPC. ZK-SNARKs are used for basic processes and individual data verification, ensuring speed and security in everyday use.

Aleph Deutsche Enhance Joins Network privacy Security Subsidiary Telekoms Validator Zeros
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