Deutsche Telekom starts cooperation with Polkadot

T-Systems MMS (MultiMedia Solutions), a subsidiary of the German telecommunications giant Deutsche Telekom, has announced its partnership with Polkadot which supports interoperability between decentralized blockchains. As per the announcement, T-Systems MMS will “promote secure communication between blockchains.” T-Systems MMS will use its infrastructure to participate in the Polkadot public blockchain network as a validator. The German company has therefore acquired Polkadot tokens, however the exact amount was not specified. 

POLKADOT price launched an upward move before Christmas, however buyers failed to break above the upper limit of the 1:1 structure. Yesterday price pulled back sharply and is currently testing major support at $27.10 which coincides with 61.8% Fibonacci retracement of the last upward wave and 200 SMA (red line). Source: xStation5