NEAR, the Swiss non-profit organization nurturing the expansion and decentralization of the NEAR Protocol and ecosystem, made an announcement about the collaboration between NEAR protocol and D3 Global.
NEAR Protocol: Merging Domains and Identity for an Accessible Open Web
The NEAR Foundation, the Swiss non-profit entity fostering the development and decentralization of the NEAR Protocol and ecosystem; disclosed on their website that they have teamed up with D3 Global, a next-generation domain name corporation innovating interoperable digital identities, to request and secure the .near Top-Level Domain (TLD) during ICANN’s forthcoming application timeframe.
D3 is forging interoperable digital identities via DNS, ensuring resolution across the web. Moreover, it empowers partner ecosystems to extend influence. Additionally, it delivers universal access reliably. This bridge enables NEAR ecosystem’s seamless access worldwide.
Through these compatible digital identities, users will have the capability to utilize a singular domain as a website, email, or wallet address; cross-platform username, and dispense verified credentials. Projects and developers will have the opportunity to devise dApps and services with enriched utility. This will allow us to leverage existing Internet infrastructure, while presenting novel identity and authentication solutions tailored to the NEAR ecosystem.
Introducing Identity Innovation to the NEAR Ecosystem.
“We’re thrilled to collaborate with D3 to secure the .near top-level domain and broaden the influence of NEAR accounts across the entire internet. As the functionality of NEAR accounts broadens with Chain Abstraction, amalgamating Web3 identity with existing internet infrastructure will aid in propelling mainstream adoption,” remarked Illia Polosukhin, Co-Founder of NEAR Protocol and Chief Executive Officer of the NEAR Foundation.
“To expedite the growth of Web3, it will necessitate interoperability with existing Internet infrastructure. We’re delighted to embrace NEAR on our expedition to redefine digital identity, while furnishing NEAR users and projects alike with more usefulness by bringing the ‘web’ to Web3,” declared Fred Hsu, Chief Executive Officer
D3 tailors its patent-pending platform to integrate conventional Internet and Web3 ecosystems. This furnishes enhanced utility, security, and universal access for what the enterprise terms ‘real Web3 domains.’ Additionally, the D3 team boasts over three decades of collective industry experience spanning DNS and Web3 technologies.
NEAR Protocol a fully sharded, proof-of-stake blockchain engineered to scale Web3 to a billion users. Efficient, hyper-scalable, and secure, NEAR serves as the gateway to the open web, achieving the highest number of active accounts in Web3 through simple user onboarding & retention and exceptional developer experience with the lowest fees of any blockchain.
On the other hand, D3 Global is a digital infrastructure provider and they deliver secure, decentralized, and interoperable identities on the root layer of the internet – the Domain Name System (DNS).
D3’s patent-pending platform pioneers authentic domain names, bridging Internet and Web3. Additionally, the team comprises recognized industry veterans. Furthermore, they have over three decades of combined experience. They lead domain name monetization, internet protocols, and various TLD operations.