Chinese University Proposes Managing Web Domains On a Blockchain

A major Chinese university is proposing blockchain technology as a better way to manage web domain names.

A major Chinese university is proposing blockchain technology as a better way to manage web domain names.

According to a patent application published Thursday by the U.S. Patent and Trademark Office, the Shenzhen Graduate School at Peking University is examining how a “consortium blockchain” can improve security and efficiency in managing top-level domains (TLDs)

While the currently standard internet domain name system is already based on a distributed system, there are “technical problems,” the team contends.

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