T-Systems partners with Flow Blockchain

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Flow is a decentralized platform developed by Dapper Labs, the creators of CryptoKitties, that will soon be open for anyone to build on—from big brands to independent creators. The digital service provider T-Systems Multimedia Solutions (MMS) will provide the necessary computational infrastructure to support Flow's capacity for mainstream adoption.

T-Systems MMS, a subsidiary of the largest telecommunications provider in Europe, Deutsche Telekom, announces today a partnership with Flow blockchain developed by Dapper Labs, the company behind CryptoKitties and NBA Top Shot. T-Systems’ flagship deployment on Flow will be the operation of an Execution Node. Validation Capital was involved in this partnership as strategic advisor.

As part of the partnership, T-Systems MMS will run an Execution Node, significantly contributing to the Flow blockchain's computational resources as a result. This is because Execution Nodes are responsible for both the processing of new blocks and their consequent storage. These tasks are by far the most computation-intensive, and as such can only be performed with reliable and trusted infrastructure, which T-Systems provides.

Flow is a user-centric blockchain built for mainstream adoption, with an aim of bringing blockchain-enabled consumer applications to billions of people. Flow is the only layer one blockchain built by a team that both understands the importance of reducing complexity for ecosystem developers and possesses proven expertise in eliminating on-boarding friction for mainstream users. Trusted by leading companies like Ubisoft and Warner Music Group, Flow is set to introduce blockchain technology to global audiences through partnerships with mainstream brands such as Dr. Seuss, the UFC, and the NBA.

Details of the partnership

  • T-Systems Multimedia Solutions will provide a reliable and secure infrastructure necessary for Flow to scale and respond to all current and future needs of Flow's developers and users.
  • T-Systems Multimedia Solutions will operate one of the Flow network's Execution Nodes, which is responsible for the processing and subsequent storage of newly created blocks, ensuring the ongoing operation of the decentralized network.

T-Systems Multimedia Solutions' Blockchain Solutions Center team consists of experienced developers, architects and consultants in the blockchain field with a recognized position in the IT industry and a wide range of customers who want to stay on the cutting edge of technological progress.

About Dapper Labs

Dapper Labs is the company behind CryptoKitties and the Flow blockchain, as well as upcoming titles such as NBA Top Shot. Founded in 2018, Dapper Labs uses blockchain technology to bring new forms of digital engagement to fans around the world.

Blockchain-enabled applications can bring fans closer with beloved teams or brands and give people a real stake in fan communities by contributing to them. It will create new ways for fans to create and share items themselves.

Dapper Labs' publicly announced partners include the NBA and NBPA, Warner Music Group, Ubisoft and UFC. Dapper Labs' notable investors include Andreessen Horowitz, Union Square Ventures, Venrock, Google Ventures, Samsung and the founders of Dreamworks, Reddit, Coinbase, Zynga and AngelList.

 

About Validation Capital

Validation Capital (“VCC”) is an infrastructure and investment firm for next-generation proof-of-stake and blockchain networks. VCC provides secure blockchain infrastructure, investment capital and advisory services to industry-leading networks such as Chainlink, VeChain and Crypto.com.
VCC's team brings crypto expertise from Stratx Consulting Inc. with a mix of Wall Street and engineering talent. VCC's finance team has over 25 years of capital markets and investment experience from firms such as CIBC, BMO and Moelis. The engineering team brings corporate best practices in cybersecurity and network architecture from Deloitte.

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