Deutsche Telekom (DT) is making another foray into the world of blockchain, becoming the first telco to join the Celo Alliance for Prosperity: a 130-member alliance with the lofty ambition of building a financial system that creates the conditions of prosperity for everyone by offering crypto currencies on mobile phones.
The German group also said it has made a significant purchase of Celo s native asset, CELO. The purchase will be made by the Telekom Innovation Pool (TIP), DT s strategic investment fund that is advised by Deutsche Telekom Capital Partners (DTCP).
DT explained that it will operate infrastructure across the Celo ecosystem. Its subsidiary, T-Systems Multimedia Solutions (T-Systems MMS) will operate as a validator utilizing the Open Telekom Cloud (OTC). DT will also open up its SMS API to allow validators to send verification text messages using its service.
Deutsche Telekom Partners Celo To Provide Accessible Services For DeFi Users
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Deutsche Telekom Buys CELO Coins, Plans Further Crypto Investment
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Operators bet on Vortex cloud gaming - Mobile World Live 01 FEB 2021
Orange and Vodafone Group made a push into the increasingly competitive mobile gaming market, striking partnerships for the launch of a cloud gaming service from start-up RemoteMyApp across several countries in the EMEA region.
In a statement, the gaming business announced its Vortex cloud streaming platform launched today (1 February) in France, Belgium, Spain and South Africa, as part of a collaboration with the operators and app development and content company PM Connect.
Users can access more than 160 gaming titles through a direct carrier billing subscription.
RemoteMyApp said “many more” operators are expected to join the platform this year.