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Home Industry Press Release

Web3 Domain Alliance Launches To Protect Users Digital Identities

November 2, 2022
in Press Release
Reading Time: 5 mins read

Lisbon, Portugal, November 2, 2022, Chainwire

The newly formed member-driven alliance will work to support the development of Web3 domains and combat bad actors, cybersquatting, and domain clashes on Web3.

The Web3 Domain Alliance was formed today. This is a new coalition aimed at promoting technical advancement and interoperability of the Web3 domain registries and improving the experience for Web3 users. The Alliance seeks to prevent malicious phishing attacks, malicious individuals impersonating Web3’s “Top Level Domains” (W3TLDs), cybersquatting, and Web3 domain collisions. Member-driven groups include leading blockchain and his Web3 naming players. unstoppable domain (.crypto, .nft, .x, .wallet, .bitcoin, .dao, .888, .zil, .blockchain), Bon feeder (.sol), Tezos Domain (.tez), polka dot name system (.Dot), Hedera (.hbar), ciscoin (.sys), and klaytn.domains (.klay) work together to protect Web3 domain names. This cross-chain coalition includes naming systems across the Polygon, Ethereum, Solana, Tezos, Polkadot, Hedera, and Klayton blockchains.

While traditional Web2 domain names are organized by the Internet Corporation for Assigned Names and Numbers (ICANN), an American non-profit organization responsible for coordinating namespace databases, Web3 has no such governing bodies or alliances. There is none. Web3 domains such as sandy.nft, nate.hbar and sarah.sol provide the infrastructure that allows people to own their Web3 identity and data on the internet. Demand for Web3 domains is skyrocketing, but industry standards have yet to be established to prevent issues such as fraud and name collisions within Web3. In addition to working with Web3 industry stakeholders to develop these standards, the Web3 Domain Alliance will actively participate in discussions with ICANN to increase ICANN’s awareness and awareness of his W3TLD. I am aiming for

A Web3 domain is an important component of a person’s Web3 digital identity. In particular, it can be used to send and receive cryptocurrencies instead of long alphanumeric wallet addresses and provides owners with easy-to-read Web3 domains such as sandy.nft.Web3 domains are used for website hosting, secure email It can also be used for transfers and as a single sign-on method for many apps, games, metaverses, etc. Web3 domains are created on the blockchain and stored in users’ wallets, giving owners more control.

Companies also recognize the benefits of using branded W3TLDs such as “.blockchain” and “.klever”, and the Web3 Domain Alliance not only protects intellectual property rights, but also protects users. We are committed to working together on how. Confidently interact with your favorite brands on Web3.

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The Web3 Domain Alliance strives to standardize and protect existing and future Web3 domain names and prevent malicious parties from causing name collisions. This makes it difficult for users to navigate this new technology and trust who they interact with. Among other initiatives, the Web3 Domain Alliance will coordinate intellectual property rights for all his Web3 naming services and how best to avoid consumer harm.

Members of the Web3 Domain Alliance work together to advance the development of the Web3 naming industry. It also educates consumers, regulators, and industry stakeholders about the uniqueness, innovation, and usefulness of Web3 domains, and encourages browsers, technology partners, Web2 companies, and other stakeholders to rationalize Web3 naming services. We also commit to advocate for sound governance and awareness.

Sandy Carter, SVP and Channel Chief of Unstoppable Domains, said: We are still in the dial-up phase of Web3 and many people are still working to understand the space. essential to support the development of

“We believe an alliance of this nature is critical to securing tomorrow’s domain names. In this industry, we have a responsibility to create a secure Web3 environment for widespread adoption. The Web3 Domain Alliance It aims to protect the integrity of the industry and to unite against malicious activity that may threaten the industry,” said bonfida.sol.

As part of the Web3 Domain Alliance, Tezos Domains will leverage its proven technology and expertise to help coordinate and regulate the rapidly growing Web3 domain space, ensuring that Web3 enthusiasts around the world are healthy. We will allow them to participate in a fair ecosystem,” added founder Andrew Paulicek. of the Tezos domain.

Because Web3 is based on the principles of decentralization, inclusivity, and fairness, organizations like the Web3 Domain Alliance are committed to unlocking its full potential while providing users with the most seamless and engaging multi-chain experience. It is of utmost importance if you want to be able to enjoy . Ryan Ye, co-founder of PNS (Polkadot Naming Service), explains:

The need for a Web3 Domain Alliance reflects the importance of community in everything we do. Providers can and should work together to avoid confusion and confusion within their domains. It allows us to have a truly global and inclusive network where users are in control of their identity. ) co-founder and head of Web3, said Nate Western.

Apps, games, metaverses and naming systems interested in joining the Web3 Domain Alliance are encouraged to [emailprotected] or visit web3domainalliance.com you can know more.

About Web3 Domain Alliance

Founded in 2022, Web3 Domain Alliance is a member-driven organization dedicated to improving the technical and public policy environment for users of the Web3 name service. 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.

contact

Nora Chan, Web3 Domain Alliance, [emailprotected]


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