Deutsche Telekom AG, the world’s fifth-largest telecommunications provider by revenue, has taken a notable step towards blockchain by joining the $NEAR ecosystem as an Enterprise Node Operator.
The partnership, announced on November 11, positions the German telecommunications giant as a validator, strengthening the decentralization of the NEAR Protocol and enhancing the security of the network.
Following Deutsche Telekom’s announcement, the price of NEAR surged 9.5%, reflecting market optimism regarding the protocol’s expansion and institutional support.
The recent price increase may attract additional interest from investors and validators looking to support the network’s growth.
Deutsche Telekom’s involvement could further catalyze NEAR’s adoption, strengthening the protocol’s position in the competitive blockchain space.
It is important to highlight that $NEAR already has partnerships with #nvidia and #AlibabaCloud