Unstoppable Domains to apply for ‘.blockchain’ domain registration

cyptouser5 months agoCryptocurrencies News74
55966e89>

Unstoppable Domains and Blockchain.com have partnered to launch and commercialize a “.blockchain” domain name system (DNS)-enabled Web3 domain.

According to the announcement shared with Cointelegraph, the duo teamed up to register the .blockchain Web3 domain with the Internet Corporation for Assigned Names and Numbers (ICANN), the world’s authority on IP addresses and domain names.

“The new partnership will be based on the .blockchain Web3 domain, which will be submitted in time for ICANN’s hotly anticipated six-year registration program next year.”

ICANN will implement new generic top-level domains (gTLDs) by the second quarter of 2026. As a result, Unstoppable Domains and Blockchain.com have a year to prepare for the new domain’s application.

Timeline for the new gTLD program: Round two: Source: ICANN

Over the years, Blockchain.com onboarded 40 million verified users, created over 90 million crypto wallets and supported $1.2 trillion in crypto transactions.

Speaking to Cointelegraph, Sandy Carter, the chief operating officer of Unstoppable Domains, shared excitement about how the partnership could further Web3 adoption. She said:

“We’re excited to partner with Blockchain.com to deliver users a low-cost digital identity solution that can enable a user-friendly crypto experience for the masses.”

Lane Kasselman, president of Blockchain.com echoed Carter’s sentiment, saying:

“Our combined efforts underscore our dedication to a user-focused web. We eagerly anticipate our engagement with ICANN to materialize our shared vision.”

Upon ICANN’s approval, users worldwide will be able to register .blockchain domains for the Web2 ecosystem. Unstoppable Domains plans to extend domain registrations to offer specialized domain names for users, brands and companies.

Related: Orange Domains aims to expand Bitcoin Name System functionality

On April 4, the ApeCoin community unanimously approved a proposal to register “.APE” as a new top-level domain (TLD) with ICANN.

A majority (91.68%) of the ApeCoin community voters voted in favor of the proposal, while 8.32% voted against it. According to the proposal, D3 will lead the effort to prepare and submit the application, which is expected to take approximately one year to complete.

Apecoin DAO voted in favor of launching .APE domains. Source: snapshot.org

Speaking to Cointelegraph, Fred Hsu, co-founder and CEO of D3, said that the DNS domains it offers and intends to register with ICANN are interoperable, i.e., can be used for Web1 (email/web), Web2 (apps/social) and Web3.

Magazine: Become a Bali crypto digital nomad like me: Here’s how

The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

Coinbase and payment processor Stripe form partnership for onboarding

Coinbase and payment processor Stripe form partnership for onboarding

55966e89˃Coinbase and Stripe have formed a partnership to bring fiat-to-crypto on-ramps and off-ramp...

Women hold just 6% of crypto CEO roles highlighting gap in leadership

A new report reveals women are vastly underrepresented in leadership positions across the...

Why BlackRock Bitcoin holdings increased as prices dropped

Why BlackRock Bitcoin holdings increased as prices dropped

The Newborn Nine spot Bitcoin ETFs recently launched in the US have seen their combined assets under...

VanEck predicts Ethereum will hit $22,000 per token by 2030

VanEck believes Ethereum (ETH) will be worth roughly $22,000 by 2030, the asset manager said in a co...

European Parliament approves controversial Data Act, which may require kill switches on smart contracts

The European Parliament said on Nov. 9 that it has voted in favor of a Data Act that will set out ru...

Bitcoin price weakens after hot CPI print raises doubt on Fed rate cuts

Bitcoin price weakens after hot CPI print raises doubt on Fed rate cuts

1205f261˃Bitcoin (BTC) price witnessed a 0.5% drop at the Wall Street open on April 10, as markets r...