T-Mobile Deutsche Telekom MMS has joined forces with Subsquid, a decentralized data platform, to operate dedicated worker nodes as part of Subsquid’s decentralized “data lake.”
As per a press release obtained by Cointelegraph, the partnership’s objective is to enhance the security and efficiency of blockchain data retrieval and delivery.
Worker nodes within the Subsquid network process data queries and retrieve the requested information from the data lake for data consumers.
In an interview with Cointelegraph, Alexander Ebeling, co-founder of Web3 Unit Deutsche Telekom MMS, commented:
Collaboration and data management
Marcel Fohrmann, co-founder of Subsquid, mentioned to Cointelegraph that this collaboration would help “strengthen and secure permissionless data access” across Web3.
This partnership comes after Deutsche Telekom recently announced its decision to become a validator for the Ethereum layer-2 scaling platform Polygon, joining the network’s 100 staking and validation providers.
Dmitry Zhelezov, co-founder of Subsquid, discussed data management, stating that each piece of data is “cryptographically validated” to ensure “all the relevant data is authentic.”
Security challenges
When discussing data security, Ebeling stressed that “security remains a paramount concern, as enterprise-scale systems are prime targets for cyber threats.”
Zhelezov, speaking for Subsquid, highlighted various challenges, including ensuring efficient data partitioning and implementing enterprise-grade security measures in a decentralized space.
Deutsche Telekom’s Bitcoin mining plans
Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom, revealed at the BTC Prague event that the company had been operating a Bitcoin (BTC) node since 2023.
When asked by former Cointelegraph contributor Joseph Hall if Röder would elaborate on “digital monetary photosynthesis” and if the company would be mining Bitcoin, Röder confirmed, “we will.”
Deutsche Telekom becomes a member of the Subsquid decentralized network