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

The NFT Gap in Intellectual Property: How Outdated Copyright Laws May Restrict Blockchain Applications

Navigating NFTs and Blockchain: The Intersection of Intellectual Property and Immutability The Intersection of NFTs and Intellectual Property: Exploring the Secondary Liability Problem In a world...

Survey finds that more than 20% of swing state voters view cryptocurrency as a crucial issue in US elections

Crypto Emerges as Key Issue in Battleground States Ahead of U.S. Elections In a surprising turn of events, a recent poll conducted by blockchain venture...

Grayscale has withdrawn its application for an Ethereum futures ETF

Grayscale Withdraws Application for Ether Futures ETF Just Before SEC Decision Grayscale Withdraws Application for Ether Futures ETF Just Before SEC Decision Cryptocurrency asset manager Grayscale...

Binance bribery allegations pose a threat to Nigeria’s foreign investment

SBM Intelligence Warns Binance CEO's Bribery Allegations Could Hinder Nigeria's Foreign Investment Efforts SBM Intelligence Warns Binance CEO's Bribery Allegations Could Hinder Nigeria's Foreign Investment...

Most Popular