Unstoppable Domains introduces blockchain domains to drive the growth of web3
Unstoppable Domains and Blockchain.com have teamed up to introduce and promote a web3 domain enabled by DNS with the “.blockchain” extension.
In a statement shared with crypto.news, the two companies have collaborated to register the .blockchain web3 domain with ICANN, the global authority responsible for IP addresses and domain names.
ICANN is expected to introduce new generic top-level domains (gTLDs) by 2026. The process begins with the release of ICANN’s Applicant’s Guidebook next year, giving the firms a year to prepare for the application of the new domain.
“The agreement between Blockchain.com and Unstoppable Domains is focused on getting ready for this upcoming ICANN application,” a spokesperson informed crypto.news.
If approved by ICANN, the .blockchain domain would become part of existing top-level domains like .com and .net, offering a dedicated space for blockchain-related businesses.
“After receiving accreditation from ICANN, the .blockchain gTLD will function as both a web2 and web3 domain […] It will combine web3 and traditional web2 browsing capabilities, improve accessibility, and enable users to seamlessly use “.blockchain” domains across both ecosystems. This will include services like email, website resolution, etc., for web2 capabilities,” the spokesperson elaborated.
Established in 2018, Unstoppable Domains has been utilizing blockchain technology to empower users with control over their digital identities. The company plans to provide specialized domain names for individuals, brands, and businesses, expanding the utilization of blockchain-based domains.
The collaboration between Unstoppable Domains and Blockchain.com aims to bridge the gap between web2 and web3, similar to how Ethereum Name Service recently integrated browser-compatible “.box” web domains.
The .box domain is an ICANN-approved top-level domain and is the first on-chain gTLD included in the ENS manager app alongside .eth. Domains hosted on .box are searchable and indexable on major browsers like Google Chrome and Safari, making them compatible with popular email services as well.
Web3 domains, such as .sol or .crypto, are new web extensions launched as smart contracts on public blockchains like Ethereum, Polygon, and Solana. These extensions can simplify cryptocurrency transactions by replacing lengthy wallet addresses and can also be used for website hosting and single sign-on methods for various web3 applications.
The appeal of web3 domain names lies in their simplicity, allowing users to send funds to an easy-to-remember wallet address like “jack.eth” instead of a complex 42-character crypto wallet address. “.blockchain” and other web3 domains are unique, non-fungible tokens (NFT) hosted on a public, immutable blockchain, ensuring users full ownership of their data and serving as their digital identity.
Recently, the token governing Solana-based infrastructure developer Bonfida, FIDA, experienced a significant surge following the launch of its Solana Name Service (SNS) in China. Users are currently purchasing popular domain names through these platforms in anticipation of corporations registering their respective brands.
For more information, you might also be interested in the news about Blockchain.com’s plans to increase its workforce by 25% as part of its international expansion efforts.