Due to its decentralized nature and verification properties, blockchain technology provides a legitimate space for data management. One Chinese university is looking to move over to the distributed ledger for just that use.
On Thursday, the U.S. Patent and Trademark Office published a patent application detailing Shenzhen Graduate School’s interest in a “consortium blockchain.” The group, which is a part of Peking University, is looking to enhance their security and domain name management with the decentralized technology.
Currently, domain management is handled by centralized, distributed systems. However, that approach suffers from technical issues, with local domain names spread “unevenly” around the planet:
“For example, according to data from 2012, a root name server is shared by every 3.75 million internet users in North America. In Asia, in comparison, a root name server is shared by more than 20 million internet users. As a result, internet users in Asia enjoy a significantly slower domain name resolution speed than users in North America do, and when a root name server in Asia malfunctions, more than 20 million Internet users’ requests for domain name resolution will be affected.”
Because blockchain technology is both public and immutable, “trusted agencies and even individuals can access information.” The blockchain can help “build a corresponding seed file database to store the mapping relations between the top-level and sub-domain name system,” the patent continues.
Complete Corporation Control
If implemented, territories could establish domain name servers as they please, enabling them to “ensure the speed of internet access without being limited by other institutions.” Also, the blockchain platform can place domain names into separate layers – each with their own underlying system. That way, corporations can choose between centralized or decentralized networks based on their preference and needs.
While a blockchain provides the obvious benefit of no central authority, the proposed network would utilize purely “trusted” nodes to verify changes – removing the need for a proof-of-work mining system. Finally, all blockchain-based networks would be “completely compatible with the existing internet,“ all while improving both security and efficiency.
For the latest cryptocurrency news, join our Telegram!
Unhashed.com is author of this content, TheBitcoinNews.com is is not responsible for the content of external sites.
Our Social Networks: Facebook Instagram Pinterest Reddit Telegram Twitter Youtube