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Writer's pictureFahad H

Deutsche Telekom’s Blockchain Firm Partners With Malta Gov’t Agency


Maltese authorities company supporting enterprise improvement, Malta Enterprise, signed a memorandum of understanding with Blockchain-as-a-Service service agency T-Systems, dad or mum firm Deutsche Telekom introduced on Oct 30.

Deutsche Telekom launched the Blockchain Ecosystem (GBE) on the finish of final month, as reported by Cointelegraph Germany. Now, the Maltese company will change into T-System’s first companion having access to the GBE, which may reportedly be used to trace a product’s worth chain from uncooked supplies to supply alongside different instruments that may facilitate blockchain improvement.

Malta Digital Innovation Authority to certify T-System’s GBE firms

The collaboration additionally features a deliberate tech accelerator known as Malta Innovation Hub that can even help improvement on Ethereum, Hyperledger and R3’s Corda, in addition to present help for validator service for testing initiatives and audits.

Malta Enterprise CEO Kurt Farugia commented:

“This collaboration with T-Systems will give a further competitive advantage over other jurisdictions while adding more value to the already established blockchain ecosystem. […] Companies using T-System’s GBE services will have a certification for their project by the Malta Digital Innovation Authority.”

Malta is positioning itself as a world blockchain hub, as Cointelegraph illustrated in a particular documentary. 

Meanwhile, the island nation continues to draw cryptocurrency enterprise, with the Malta Financial Services Authority just lately receiving requests from 21 cryptocurrency exchanges searching for a license beneath the Virtual Financial Assets Act.


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