Domain Names
Domain Names
Blockchain domain names are another use of blockchain on the rise. Unlike regular domain names, blockchain domain names are entirely an asset of the domain owner and can only be controlled by the owner through a private key. Blockchain domains, pave way to having sites that are more resistant to censorship and thus enabling freedom of speech as there are no authorities or individuals that can intervene on controlling a domain except the private key holder. Again, they are a better option to replace the traditional cryptocurrency wallet addresses as one can easily memorize the domain and use it for receiving payments.
Organizations providing blockchain domain name services include Unstoppable Domains, Namecoin and Ethereum Name Services.