^ZUG, Switzerland, Nov. 02, 2023 (GLOBE NEWSWIRE) — Today Aleph announces Zero
(https://alephzero.org/), the privacy-friendly Layer 1 blockchain,
announced that the wholly owned subsidiary of Deutsche
Telekom, Deutsche Telekom MMS (https://www.telekom.com/en), the network of
Validators join. Deutsche Telekom has MMS on both the main network and
Set up a validation node in the test network and provide your infrastructure
available to contribute to collective security, administration and decentralization
from Aleph Zero.
In a landscape where the Web3 infrastructure is evolving rapidly
developed further, Aleph Zero stands out alongside Ethereum, Polygon, Polkadot,
Chainlink, Energy Web, Q, Celo and Flow stand out as one of the few that do this
We were able to gain trust from the well-known brand. This participation underlines
the credibility of Aleph Zero, its approach to privacy
on-chain and its potential to scale to an enterprise level.
With Aleph Zero, Deutsche Telekom MMS is further expanding its infrastructure portfolio
by providing a privacy-friendly, highly scalable and secure
Layer 1 network supported, making Deutsche Telekom the first with one
data protection-friendly network.
?Past incidents such as hacks and security leaks have shown how important
Security, data protection and decentralization in Web3 are. In this
In this context, our collaboration with Aleph Zero is very exciting. With new ones
We work with technical standards and a high degree of decentralization
together on the secure Internet of Values,” says Dirk Röder, head of Web3
Infrastructure & Solutions Teams at Deutsche Telekom MMS.
Antoni Zolciak, co-founder of Aleph Zero, adds:?While we…
Provide, respect and provide benefits of public blockchain transparency
we offer uncompromising data protection options for specific communications,
Transactions and records of organizations and individuals. We
appreciate and are pleased with Deutsche Telekom’s trust in Aleph Zero
We look forward to future cooperation, especially since the company has over 245 companies worldwide
represents millions of customers.”
Aleph Zero’s Layer 1 blockchain is based on an original
Consensus protocol, AlephBFT, ink! smart contracts, created by the team behind Polkadot
and WASM was developed. Even though it is a public network,
Aleph Zero also offers robust data protection technology based on a
Combination of zero-knowledge evidence (ZK-SNARKs) and safer
Multi-party computation (sMPC) based.
With ZK-SNARKs, an actor, the so-called prover, can provide a concise proof
for a calculation without revealing the actual data. This
means that the verifier confirms the correctness of the prover’s actions
can without accessing the information that is confidential to the prover
want to keep. On the other hand, sMPC protects the information by protecting it
stores off-chain across multiple nodes. The data will be
cryptographically divided so that no individual network participant has anything to say
can find out the content of the data. The nodes can then use this data
Perform calculations while the contents of the data remain secret
becomes.
This solution is specifically designed for tasks that involve private
Data from multiple users is possible and is suitable for different use cases
private voting or private exchange. A disadvantage of sMPC is
however, its slow speed when it comes to longer calculations. Around
To balance their strengths and weaknesses, Aleph Zero uses ZK-SNARKs for
basic processes and verification of individual data, and sMPC for one
very small amount of highly specific calculations. This approach ensures
both speed and safety in everyday use.
-End-
About Aleph Zero
Aleph Zero is a privacy-friendly Layer 1 blockchain based on
Speed and similar efficiency to traditional Web2
systems offers. It maintains strict standards for data protection and the
Transaction security and at the same time strives for true decentralization
over time. Aleph Zero’s versatility is demonstrated by more than 40
actively developed use cases highlighting their adaptability in
demonstrate different sectors and applications.
For more information, visit: alephzero.org (http://alephzero.org/)
[email protected] (mailto:[email protected]) [US]
[email protected] (mailto:[email protected]) [UK & EU]
About Deutsche Telekom
https://www.telekom.com/companyprofile
Deutsche Telekom AG
Martina Hammer, Corporate Communications
Tel.: +49 228 181 – 49494
Email: [email protected] (mailto:[email protected])
Further information for the media at:
www.telekom.com/media (http://www.telekom.com/media)
www.telekom.com/photos (http://www.telekom.com/photos)
www.instagram.com/deutschetelekom (http://www.instagram.com/deutschetelekom)
A photo accompanying this announcement is available
at: https://www.globenewswire.com/NewsRoom/AttachmentNg/bf902cb7-
63f6-4a53-8e4f-bd66faaaae1d/de
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