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

Bitcoin price may reach $63,000 as $3.9 billion futures contracts expire

Bitcoin and Ether Prices React to Options Expiry and ETF News The Bitcoin price could fall to the $63,000 mark on July 26 due to...

Kamala Harris Expected to Reveal Bitcoin Position Soon, Industry Experts Point to Her Husband’s Interest in Crypto

Rumor of Kamala Harris Speaking at Bitcoin Conference Sparks Speculation in Crypto World Title: Kamala Harris Considers Addressing Bitcoin Conference, Crypto Industry Awaits Policy Shift A...

Leaked Information Suggests Potential Market Volatility for Bitcoin, Ethereum, XRP, and Other Cryptocurrencies Due to Federal Actions

Excitement Builds Ahead of Donald Trump's Appearance at Bitcoin 2024 Conference The excitement in the cryptocurrency world reached a fever pitch this week as Bitcoin...

Binance secures approval from FIU to resume operations in India

Binance Receives Approval to Offer Services in India from FIU Global cryptocurrency exchange Binance has received approval from the Indian Financial Intelligence Unit (FIU) to...

Most Popular