• The Web3 Domain Alliance has announced 52 new members to improve technological and public policy environments for users of Web3 naming services.
• Unstoppable Domains will contribute technology, including patents, to enable interoperability and security standards.
• New members include Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever among others.
Web3 Domain Alliance Announces New Members
The Web3 Domain Alliance is a member-led coalition dedicated to improving the technological and public policy environments for users of Web3 naming services. It recently announced 52 new members including Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever among many others.
Unstoppable Domains Contribution
As part of its commitment to the ongoing development of digital identity technology in Web3, Unstoppable Domains will make contributions such as technology and patents to enable interoperability and security standards. The company has agreed not to assert against Alliance members its patents that are necessary to adopt the Alliance’s interoperability and security standards.
Supporting Innovation in Web3
Unstoppable was recently awarded a patent around resolving blockchain domains and aims to support innovation across the Web3 industry through its IP investments. Members of the Web3 Domain Alliance will engage on topics such as consumer protection and interoperability of blockchain namespaces on different blockchains.
Improvements for Users
Through this partnership with Unstoppable Domains there will be improvements made for users in terms of consumer protection as well as other aspects related to their digital identity in the web 3 space such as privacy and authentication protocols between different blockchains’ namespaces.
Commitment from Companies
All companies involved in this alliance have committed themselves towards ensuring that users can manage their own digital identities securely while still having access to all necessary features needed from web 3 technologies like decentralized applications (dApps).