More

    Malta Enterprise Signs MoU with Deutsche Telekom's Blockchain-as-a-Service Provider T-Systems

    The T-Systems blockchain-as-a-service, a new Blockchain Ecosystem (GBE) by Deutsche Telekom, will be used by the Maltese government agency.

    Maltese government agency Malta Enterprises has signed a first of a kind Memorandum of understanding with T-Systems. The MoU makes T-Systems the first digital service provider to offer Blockchain as a service marketplace in Europe. T-Systems would be responsible for offering secure, scalable and rapidly deployable blockchain service including several tools for development and testing of blockchain networks.

    Malta Enterprises is responsible for bringing in foreign investment into the country and scaling the local economic development. The MoU signed with T-Systems would offer Maltese based businesses with German Blockchain Ecosystem (GBE) by 2020. GBE is a globally operated blockchain solution provider which supports all common protocols of the Distributed Ledger Technology.

    Malta is well known for its progressive stance toward emerging technologies like blockchain and is also the first EU country to provide a legal framework for DLT solutions.

    Katharyn White, Chief Marketing Officer of T-Systems said,

    “We are delighted to offer this unique platform to Blockchain developers, It will increase the success of Blockchain projects and accelerate the impact of Blockchain solutions on the market.”

    The planned collaboration between the two parties would see the provision of an enterprise-grade blockchain platform that would support the likes of Ethereum, Hyperledger, and Corda DLT platforms. The partnership would also develop a validator service which would allow Malta-Registered firms to deploy Proof-of-Work based validator nodes. The firms which avail services from the joint venture would also get access to T-Systems security solutions.

    The collaboration between the Maltese government agency and T-Systems would also conduct a series of educational seminars and training activities across major cities in Europe to keep the firms up-to-date with the rapid growth.

    Kurt Farugia, CEO of Malta Enterprise expressed his joy and stated,

    “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. The relationship with T-Systems will continue to build Malta’s reputation as a solid Blockchain jurisdiction.”

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Hank Klinger
    Hank Klinger
    Hank Klinger has been working online for seven years now. He has written for several national companies. Hank has been a part of our team for over three years, reviewing ICOs, new cryptocurrencies and helping us keep up to date with industry news. His primary knowledge is in marketing, sales, and advertising, and he uses that knowledge to research and pick out reliable sources of information to use as a basis for his writing.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,260FansLike
    2,714FollowersFollow
    4,081FollowersFollow

    Live Bitcoin Price & Latest BTC Chart News

    Today's Latest Crypto News

    Open Interest on CME Bitcoin Futures Outgrowing BTC Price

    If BTC closes above the 200-day moving average, just above $9,000, we could see $10k Institutional investors leading the way for a new...

    Here’s How DeFi’s Smashing Growth Puts a Trillion-Dollar Case for Ethereum

    Total USD value locked in DeFi surpasses $800 million creates “a new paradigm for global finance” with one common theme Ether The trillion-dollar...

    This Uncannily Accurate Bitcoin Chart from Dec. 2018 Predicts a New ATH in 2020/21

    Analyst ‘s post from Dec. 2, 2018, correctly predicts Bitcoin’s bottom and momentum in 2019 Bitcoin price is currently hovering around $9,000 after surging...

    Lawmaker Proposes Bill For State-Chartered Institution For Blockchain & Crypto Innovations

    An Oklahoma lawmaker has come forward with the proposition of creating a financial institution chartered by the state and that functions as a central...

    Block.One's ‘Voice' Social Network Has An Open Door Policy To Other Blockchains, Not Just EOS

    During its June ICO, Block.one had indicated that its Facebook rivaling social network dubbed Voice, would be launched on the EOS network. However, plans...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.