While partnerships continue to increase in the cryptocurrency industry, the latest partnership news came from German telecom giant Deutsche Telekom and NEAR.
Accordingly, T-Systems, a subsidiary of German Telecom giant Deutsche Telekom, and Aurora Labs, the developer of NEAR, announced that they have established a new partnership.
As part of this partnership, Aurora Labs and T-Systems will work together on next-generation software updates.
The partnership combines Aurora Labs' proprietary software update technology with T-Systems' wireless platform, allowing manufacturers to optimize time-to-market and total cost of ownership for software-defined vehicles, enabling every device in the vehicle to be used anywhere, at any time of day, even on the go. It allows it to be updated even on the go.
Aurora Labs CEO Zohar Fox said the following about the partnership:
“T-Systems' global presence and extensive experience in providing connected vehicle solutions make the company an ideal partner for Aurora Labs.
“We look forward to bringing our unique features to T-Systems' OTA platform to improve the security and user experience of connected vehicles.”
It was observed that there was no significant movement in the NEAR price after the partnership news.
*This is not investment advice.