February 22, 2023 – San Francisco, California
Unstoppable Domains commits to not assert against members of the Alliance its patents that are necessary to adopt the Alliance’s interoperability and security standards.
The Web 3.0 Domain Alliance, a member-led coalition dedicated to improving the technological and public policy environments for users of Web 3.0 naming services, today announced 52 new members including Blockchain.com, Rarible, Wyre, Bitdegree, WazirX and Klever, along with dozens of other naming systems, projects and companies.
In order to support the ongoing development of digital identity technology in Web 3.0, Alliance members including Unstoppable Domains will make contributions, including technology, to enable interoperability and security standards.
As part of this commitment, Unstoppable has irrevocably agreed not to assert against Alliance members its patents that are necessary to adopt the Alliance’s interoperability and security standards. More information can be found on the Web 3.0 Domain Alliance website.
A founding member of the Web 3.0 Domain Alliance, Unstoppable was recently awarded a patent around resolving blockchain domains and aims to support innovation across the Web 3.0 industry through its IP investments.
Members of the Web 3.0 Domain Alliance will engage on topics including consumer protection, interoperability of blockchain naming systems, fair and open use of intellectual property in the industry, preventing naming collisions and more.
Together, the Web 3.0 Domain Alliance will advocate for standards in the Web 3.0 domain industry to foster innovation and a safe environment for people. Recently, the team at Web 3.0 social trading network Metascan deprecated their NFT top-level domain to avoid a name collision and joined the Web 3.0 Domain Alliance.
Sandy Carter, SVP and channel chief of Unstoppable Domains, said,
“As an early member of the Web 3.0 Domain Alliance, we’re honored to work alongside our new co-members to unlock potential in the Web 3.0 domain space. Together, we’ll build a Web 3.0 domain space where new ideas and innovation can flourish and where more people can own their digital identity.”
Web 3.0 domains have seen a rapid increase in interest, with more than 3.4 million domains reportedly created across the industry in 2022 alone.
Amid this rising interest, the Web 3.0 Domain Alliance was founded in November 2022 as the first industry group to create standards for the…
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