Hassan Maishera
On Thursday, the Injective team announced via a blog post that Deutsche Telekom, the world’s largest telecommunications company by market capitalization, joins Injective’s validator set.
This collaboration bridges traditional enterprise with blockchain tech, reinforcing Injective as the leading institutional-friendly Layer 1 network. By operating a validator node on Injective, Deutsche Telekom expands its Web3 infrastructure portfolio, aligning with its vision to evolve into a digitalized, software-driven service provider. Deutsche Telekom's addition to Injective’s validator set introduces a new tier of enterprise-grade reliability and institutional participation to the network.
Injective utilizes a Tendermint-based Proof-of-Stake (PoS) consensus mechanism, where validators stake INJ tokens to propose blocks, validate transactions, and vote on governance proposals.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $12.31, down 8% in the last 24 hours.
