San Francisco, United States, 22nd February, 2023, Chainwire
Unstoppable Domains commits to not assert against members of the Alliance its patents that are necessary to adopt the Alliance’s interoperability and security standards
The Internet 3 Domain Alliance, a member-led coalition that is dedicated to improving technology environments and public policy for Web3 naming service users, announced today 52 additional members, including Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever, and dozens more naming schemes, ventures and enterprises.
To support the continued development of digital ID technology on web3, alliance members, including unstoppable areas, will contribute, including technology, to enable interoperability and security standards. Within the framework of this commitment, the unstoppable has irrevocably accepted not to assert against the members of the alliance its patents which are necessary to adopt the standards of interoperability and security of the alliance. More information can be found on the Internet 3 Domain Alliance. website. A founder member of web3's domain alliance, Unstoppable recently received a patent around blockchain domain resolution and is aimed at supporting innovation in the web3 industry through its IP investments.
Web3 domain alliance members will commit to issues such as consumer protection, interoperable blockchain naming systems, the just and open use of IP in industry, prevent naming strikes, and more. Together, the web3 domain alliance will champion standards in the web3 domain industry to drive innovation and a safe environment for individuals. Recently, the team at Web3 social trading network Metascan deprecated their NFT top-level domain to avoid a name collision and joined the Web domain agreement3.
“In his capacity as a member of Web3 Domain Alliance, we are honored to work with our new members to unleash potential in the Web3 domain space," said Sandy Carter, Please contact Unstoppable Domains and Channel Chief. "Together, we are going to build a Web3 domain space where new ideas and innovation can thrive and where more people can possess their digital identity."
Web3 domains have seen their interest grow rapidly, with over 3.4 million domains being developed in the industry in 2022 alone. Against a backdrop of growing interest, the web3 domain alliance was established in November 2022 as the first industry group to create standards for the blockchain name industry. The web3 domain alliance also seeks to engage in proactive discussions with icann to raise awareness and recognition of web3's top-level domains (w3tlds).
“Digital identity is the next great frontier of Web3 and we’re thrilled to support innovation in this space through the Alliance,” said Lane Kasselman, President at Blockchain.com. "We are eager to contribute to the establishment of standards as a community so that we can protect users as the Web3 domain industry grows."
Web3 domains provide an essential element of an individual's Web3 digital identity. Domains are available for use, in particular, for sending and receiving cryptocurrencies in place of long alphanumeric portfolio addresses, host an entirely owned website, Set up secure redirection of emails, and connect to several hundred applications, games, metaverses et al. Web3 domains are struck on the blockchain and stored in a user's wallet, putting the property into the owner's hands.
This announcement is being made today, 27 new naming systems are installed in the alliance, Even the names of the stars, iheartdomains.xyz, edns, nf.field [txnlab inc.], united domains, threely, xdc web3 fields, astar web 3 fields, tron/bittorent web 3 areas, velas web 3 areas, iotex domains webs3, merging webdomains 3, elastoses name service, identity moon web 3, wanchain web3 sectors, ontology fields web3, near, okc web3 sectors, counter name department, service for half-breed names, merge web3 fields, easy ip, iamx.id, .cspr domains, metascan, nftr, and nft fields its.
New allies include blockchain.com, wyre, rarible, bitdegree, wazirx (bandit), math wallet, guarda, solo wallet, my doggy purse, omni, talent protocol, indacoin, markmonitor, revest finance, coreum, cian, lunarcrush, web23, wam, nftrade, xcelpay, klever, kica, wirex, and navigation puma.
The first members of the web3 domain alliance comprise unstoppable domains, bonfida, polkadot name system, hashgraph.Name, sirscoin and klaytn.domains.
Regarding Web3 Domain Alliance.
Founded in 2022, the Web3 Domain Alliance is a member-led organization that is dedicated to improving technology environments and public policy for Web3 users. There are to promote the development of the web3 naming industry and the operation of web3 domain registries with and through traditional and blockchain-based web applications. The web3 domain alliance is also dedicated to advances in technology and the interoperability of web3 domain registers.
Web3 Domain Alliance