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

KfW to Launch its Inaugural Blockchain-Based Digital Bond

KfW to Issue First Blockchain-Based Digital Bond as Crypto Security in 2024 KfW, Germany's largest promotional bank, is set to issue its first blockchain-based digital...

Signs of Ethereum Network Activity Suggests a Pending Launch

Ethereum Network Activity Surge The world of cryptocurrency is buzzing with excitement as Ethereum, the second-largest cryptocurrency by market cap, experiences a surge in network...

The Crucial Role of Binance in the Arrest of ZKasino Scam Suspect

Binance's On-Chain Investigations Team Leads to Arrest of ZKasino Scam Suspect Binance's Investigations Team Leads Law Enforcement to Arrest ZKasino Scam Suspect In a groundbreaking development,...

KfW, a government-owned entity, provides details on its blockchain digital bond strategy

Details of KfW's Blockchain-Based Digital Bond Issuance in 2024 German bank KfW to Issue Blockchain-Based Digital Bond in 2024 In a groundbreaking move towards digitalization, the...

Most Popular