HomeBlockchainVerizon Seeks Patent for Blockchain Technology in Domain Name Management - Domain...

Verizon Seeks Patent for Blockchain Technology in Domain Name Management – Domain Name Wire

-


Verizon Files Patent Application for Blockchain-Based Domain Registration and Device Authentication

Verizon Seeks to Revolutionize Domain Registrations with Blockchain Technology

Verizon, a leading communications firm, is looking to shake up the world of domain registrations with a groundbreaking new patent application. The application, titled “Systems and methods for blockchain-based domain registration and device authentication,” outlines a novel approach to securing domains using blockchain technology.

The patent application describes a process where a device can add a domain to a blockchain by providing data such as a public key and unique identifier associated with the domain. This information is then used to generate a domain information block, which is added to the blockchain by a set of blockchain nodes. This innovative approach aims to streamline the domain registration process and enhance security by leveraging the power of blockchain technology.

One of the key advantages of Verizon’s proposed system is its ability to eliminate the need for traditional security certificates. By using blockchain technology for domain registration and device authentication, Verizon aims to reduce resource consumption and simplify the authentication process. This means that devices no longer need to acquire, exchange, or manage certificates, making for a more efficient and secure system overall.

Verizon filed the patent application in November 2022, and it was recently published by the U.S. Patent and Trademark Office. If successful, this new technology could revolutionize the way domains are registered and authenticated, paving the way for a more secure and streamlined online experience. Stay tuned for further developments on this exciting innovation from Verizon.

LATEST POSTS

HC Capital Reports Sharp Declines in New Tokens on Binance in 2024, According to The Merkle News

Analysis of Newly Listed Tokens on Binance in 2024: Significant Declines and Key Factors The cryptocurrency market has been experiencing a significant downturn, with all...

June 2024 Blockchain Blog Update #4 by BakerHostetler

Recent Developments in the Crypto Industry Crypto Companies Make Major Moves in Licensing, Acquisitions, and Product Launches Several prominent crypto companies have recently made significant announcements,...

Institutional Investors Sell $690 Million in Bitcoin and Ethereum, Shift Focus to Altcoins

Is the Crypto Bull Run Over? Institutional Investors Dump $690 Million in Bitcoin and Ethereum, Altcoins Like Solana Surge In a surprising turn of events,...

Bitcoin Price Plummets: Crypto Bears Urged to Monitor Key Support Level

Bitcoin and Cryptocurrency Market Update: Bitcoin Falls as Mt. Gox Creditors Prepare to Sell Cryptocurrency investors are on edge as Bitcoin and other digital assets...

Most Popular