San Francisco, USA, February 22, 2023, Chainwire
Unstoppable Domains undertakes not to assert against Alliance members any patents necessary to adopt the Alliance’s interoperability and security standards.
The Web3 Domain Alliance, a member-driven coalition dedicated to improving the technical and public policy environment for users of Web3 name services, today includes Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever. announced new members and dozens more members. of other naming systems, projects, and companies.
To support the ongoing development of digital identity technology in Web3, Alliance members, including Unstoppable Domains, will contribute technology and enable interoperability and security standards. As part of this effort, Unstoppable has irrevocably agreed not to assert against Alliance members the patents necessary to adopt Alliance interoperability and security standards. For more information, Web3 Domain Alliance websiteUnstoppable, a founding member of the Web3 Domain Alliance, recently received a patent on blockchain domain resolution and aims to support innovation across the Web3 industry through IP investment.
Members of the Web3 Domain Alliance will address topics such as consumer protection, interoperability of blockchain naming systems, fair and open use of intellectual property in the industry, and prevention of naming conflicts. Together, the Web3 Domain Alliance advocates standards for the Web3 domain industry, promoting innovation and a safer environment for people. Recently, the team at Web3 social trading network Metascan joined the Web3 Domain Alliance, deprecating NFT top-level domains to avoid name conflicts.
Sandy Carter, Senior Vice President and Channel Chief, Unstoppable Domains, said: “Together we will build a Web3 domain space where new ideas and innovations can flourish and more people can own their own digital identities.”
Interest in Web3 domains is growing rapidly, with over 3.4 million domains reportedly created across the industry in 2022 alone. Amid this growing interest, the Web3 Domain Alliance was formed in November 2022 as the first industry group to create standards for the blockchain naming industry. The Web3 Domain Alliance also seeks to actively participate in discussions with ICANN to increase ICANN’s awareness and appreciation of Web3 Top Level Domains (W3TLDs).
“Digital identities are the next big frontier for Web3 and we are excited to support innovation in this area through our alliance.” Blockchain.com President Lane Kasselman said: “We look forward to helping set the standard as a community so that we can protect our users as the Web3 domain industry grows.”
A Web3 domain provides an important component of a person’s Web3 digital identity. Domains can, among other things, send and receive cryptocurrencies instead of long alphanumeric wallet addresses, host wholly-owned websites, set up secure email transfers, and access hundreds of apps, games, and metaverses. It can be used to sign in to e.g. Web3 domains are created on the blockchain, stored in the user’s wallet, and ownership is in the hands of the owner.
As part of today’s announcement, the Alliance welcomes 27 new naming systems, including Stargaze Names, iheartdomains.xyz, EDNS and NF.Domains. [TxnLab Inc.]United Domains, Threely, Xdc Web3 Domains, Astar Web3 Domains, Tron/Bittorent Web3 Domains, Velas Web3 Domains, IoTeX Web3 Domains, Fusion Web3 Domains, Elastos Name Service, Moon Web3 Identity, Wanchain Web3 Domains, Ontology Web3 Domains, NEAR, OKC Web3 Domains, Meter Name Service, Metis Name Service, Fuse Web3 Domains, Easy IP, IAMX.ID, .CSPR Domains, Metascan, NFTR and NFT Domain SA.
New members to the alliance include Blockchain.com, Wyre, Rarible, Bitdegree, WazirX (Bandit), Math Wallet, Guarda, Solo Wallet, My Doge Wallet, OMNI, Talent Protocol, Indacoin, Markmonitor, Rest Finance, Coreum , Cian, LunarCrush, Web23, WAM, NFTrade, XcelPay, Klever, KICA, Wirex, and Puma Browser.
Initial members of the Web3 Domain Alliance include Unstoppable Domains, Bonfida, Polkadot Name System, Hashgraph.name, Syscoin, and klaytn.domains.
About Web3 Domain Alliance
Founded in 2022, the Web3 Domain Alliance is a member-driven organization dedicated to improving the technical and public policy environment for users of Web3 name services. It exists to facilitate the development of the Web3 naming industry and the functionality of his Web3 domain registry with blockchain-based and traditional web applications. The Web3 Domain Alliance is also dedicated to technical advancement and interoperability of Web3 domain registries.
Web3 Domain Alliance, [email protected]