Alibaba Will Use Domain Names to Connect Between Blockchains
Chinese e-commerce giant Alibaba has filed a patent for cross-chain technology that improves the connection between blockchains through domain names. Through the patent application , Alibaba revealed that when you are linking a site through a domain name like ‘.com’ or ‘.org’ on the internet, assigning a common domain name to a DLT or a part of the DLT makes it easier to create another blockchain, and it allows enhanced proof of identity and communication with participants in an across-the-board network.
Alibaba also proposed a ‘unified blockchain domain name (UBCDN)’ method that allocates only one domain name to the DLT. Alibaba, the 3rd largest IT firm in China, is focusing on practical technology utilization by integrating blockchains into overseas direct access platforms and intellectual property systems.
