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New .blockchain Domain: Unstoppable Domains and Blockchain.com Revolutionize Digital Identity

New .blockchain Domain: Unstoppable Domains and Blockchain.com Revolutionize Digital Identity

Jun, 07 2024 14:05
New .blockchain Domain: Unstoppable Domains and Blockchain.com Revolutionize Digital Identity

Unstoppable Domains and Blockchain.com have joined forces to broaden the .blockchain Web3 domain. This makes managing digital identity easier, which means a lot in terms of augmenting Web3 adoption.

The .blockchain domain is accessible to use, cheap to keep up or function, and users can control their digital identities seamlessly. The collaboration solved one of the biggest challenges that many within Web3 face: by way of this partnership, access to blockchain technology will actually be given to millions- actually a simple idea. These Web3 domains displace intricate wallet addresses. Instead, one can use simple names that everybody can remember and serve the same purpose. Thus, in essence, it makes sending and receiving cryptocurrencies easier, makes transactions smoother, and improves user experience.

This partnership places much on the table with Blockchain.com, which brings extensive experience. The total number of users is an enormous 85 million people, which makes its platform adequately positioned to become a conduit through which adoption could be driven. It created more than 90 million crypto wallets and supported more than $1.2 trillion in crypto transactions last year. Integrating .blockchain domains is expected to widens the audience for Web3. In turn, ICANN's Implementation of gTLDs is expected to happen by the second quarter of 2026. So Unstoppable Domains and Blockchain.com take approximately a year to prepare to apply for their new domain.

Unstoppable Domains keeps blazing the Web3 innovation trail, constantly asking for decentralized digital identities in full user ownership. The new .blockchain domain only builds on that commitment to innovation and principles of user empowerment.

In this regard, the price for a .blockchain domain has been compellingly affordable. That holds implications for mass adoption because it lowers the barrier to entry for any user sitting on the fence in terms of capturing blockchain technology. The collaboration between Unstoppable Domains and Blockchain.com is indeed very strategic in nature: increasing the adoption of web3 in general, not to mention precedence for future collaborations. Now, the introduction of .BLOCKCHAIN marks a serious step forward toward a decentralized internet.

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