E-com Giant Alibaba Files For A New Blockchain Domain Name Patent Focusing On Cross-Chain Interactions

    Alibaba has increased its interest in blockchain technologies with yet another patent application as published on the United States Patent Publication.

    Asia’s e-commerce giant have applied a patent titled “Domain Name Management Scheme for Cross-Chain Interactions in Blockchain Systems” that is expected to offer unified blockchain domain systems.

    Unified Blockchain Domain System (UBCDN)

    Alibaba plans to launch a system that used the UBCDN to denote and share cross blockchain information.

    The patent highlighted the messaging system disclosing how users will obtain a unified blockchain domain name (UBCDN) message. First, we need to understand the UBCDN message and what it contains;

    1. UBCDN of the blockchain instance – a blockchain created from scratch or one available for participants only.
    2. A digital signature of an owner of the UBCDN of the blockchain instance.
    3. A domain certificate of the UBCDN.

    The UBCDN message will further have its domain name and a chain identifier in cases of interoperable blockchains or cross-chains, unique to the blockchain domain name.

    ‘Better Than Existing Cross-Chains’

    The system promises a faster and more efficient platform than legacy cross chains in the industry today. The current cross chain systems uses relay chain interactions to connect to other blockchains (platforms on the relay chain are given a unique ID to interact).

    However, this ID cannot be used on any other relay chain, a problem set to be solved by the UBCDN messaging.

    “In the described domain name scheme, the UBCDN can be used and is recognizable globally by all blockchain instances in the unified block chain network.”

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    Lujan Odera
    Lujan Odera
    Lujan is a blockchain technology and cryptocurrency author and editor. He has worked in the field of cryptocurrencies and blockchain technology since 2015 helping him gain enough experience to be the writer he is today. He is known for his simple writing style that allows novices to understand the field in the simplest way.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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