Deutsche Telekom's MMS Joins Subsquid as Data Access Provider

IconCryptoNewsTerminal Staff03 Jul, 2024

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Deutsche Telekom's MMS Joins Subsquid as Data Access Provider

Deutsche Telekom's wholly-owned subsidiary, Deutsche Telekom MMS, is now operating dedicated worker nodes for Web3 data access layer Subsquid's ‘data lake,’ Cointelegraph reported. In a worker node's role within the Subsquid network, it handles data queries and retrieves requested information for data consumers from the data lake. The worker nodes operated by MMS will provide low-latency and high-throughput data access to developers building on Subsquid. Deutsche Telekom MMS has been active in the blockchain space for several years. In 2019, it launched a blockchain-based mobile identity solution and has since expanded its offerings to include blockchain infrastructure and developer tools. The company's partnership with Subsquid is a further sign of its commitment to the Web3 space. Subsquid is a Web3 data access layer that provides developers with a unified interface to query data from multiple blockchains. The company's data lake currently supports over 20 blockchains, including Ethereum, Bitcoin, Polygon, and Solana. Subsquid's partnership with Deutsche Telekom MMS will give developers access to high-quality, low-latency data from a major telecommunications provider. The partnership between Deutsche Telekom MMS and Subsquid is a significant development for the Web3 ecosystem. It will provide developers with access to reliable, high-quality data and enable them to build more scalable and efficient applications.