Oldest internet security firm explores blockchain for domain name services

Verisign is one of the oldest internet security firms is exploring blockchains in the field of domain name services.

According to the patent application released on Thursday by the U.S. Patent and Trademark Office, considerably verisign is using blockchain technology as part of a potential new DNS Security Extension (DNSSEC) project.

Furthermore, DNSSEC protocols exist to protect users from accidentally being sent to malicious websites disguises to look like real ones. Therefore, the protocols verify that the websites’ user is trying to reach in the one they actually reach.

Significantly, Verisign planned probably building a system which uses a public ledger on a blockchain. Initially, it is to store digital certificates, public keys, and objects. Additionally, iterations of the protocol would use public and private keys as an additional security measure.

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According to the application:

“A relying party can look up the information from the public ledger by specifying the hash value, and validate that the information so obtained is correct by comparing the received information’s hash value to the specified value”.

While the company outlines a number of potential methods for implementing a DNSSEC protocol. Hence, it has not indicated any plan to proceed with the development of a new system yet.

Even though, the idea that blockchains use to store keys for websites is not new. The number of projects and startups already seeking potential ways to manage web domains using various forms of the technology.

Read Next: Indian Securities Regulator Reveals Plans about Blockchain

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Sara K

Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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