Shanghai, China, Sept. 30, 2022 (GLOBE NEWSWIRE) — Neo, one of the most established blockchains in the world, is saying at this time their entry into the world of decentralized digital identities with their NFT-based Neo Name Service (NeoNS) – the first identify service supplier on Neo N3, the newest model of the Neo protocol. NeoNS will supply a extra streamlined, environment friendly and practical expertise inside the Neo ecosystem and past.
NeoNS will complement the all-in-one, function and dapp wealthy ecosystem, including to the array of developer and person pleasant options equivalent to decentralized oracles, NeoFS, and NeoID. With the launch of NeoNS, Neo joins different main chains equivalent to Ethereum and Solana in constructing key Web3 infrastructure that enables people to maneuver round the net with better ease, freedom, safety, and privateness.
Like competing merchandise on Ethereum and Solana, NeoNS will give customers an easy-to-remember strategy to acquire Neo N3 wallets in a single place, eradicating the want to recollect and retailer lengthy and sophisticated addresses. Businesses will even profit from NeoNS NFT-embedded area possession that ensures nobody aside from the area proprietor can take time or censor the content material linked to the area. NeoNS works with new domains but in addition permits linking already present DNS domains or information below decentralized area aliases.
Web3 Identity Owned And Controlled By You
Neo’s N3-hosted domains will make the most of the top-level area extension – .neo, – managed solely by the Neo Committee, which is voted in by the NEO token holders. Users will register their subdomains with these top-level extensions to create domains equivalent to – for instance – hiya.neo and launch additional sub-subdomains equivalent to dwelling.hiya.neo. Each of the human-readable subdomains may be mapped as an alias to any data saved on the N3 blockchain equivalent to pockets addresses, dapp addresses, or decentralized information. This will permit builders to raised arrange information used for his or her dapps.
Unlike conventional centralized domains, all registered .neo subdomains shall be minted on N3 as NFTs, absolutely owned by customers. The NFT area format signifies that area possession is well transferable between wallets and traded as every other sort of NFT. Each area is saved immediately in the person’s pockets fairly than on a centralized server the place conventional domains are saved.
Helping to unravel Web3’s UX problem
As the sole proprietor of the .neo subdomain, the person has full freedom to determine what a given area hyperlinks to, while all data saved below the alias is censorship and third social gathering management proof, which means no centralized authority can delete or make the data inaccessible.
Whether it’s about having a human-readable pockets handle, mapping .neo area to content material equivalent to an NFT gallery, or utilizing NeoNS for higher group of decentralized information and N3 dapp-related data, Neo is making navigating Web3 extra user-friendly and intuitive. Neo believes that such user-friendly group of blockchain data is a milestone for blockchain UX getting into the realm of ‘the familiar’ and onboarding the subsequent technology of mainstream web3 customers.
About Neo:
Founded as Antshares in 2014, Neo is an open-source community-driven blockchain platform famend for placing builders and builders at the coronary heart of its imaginative and prescient. As one of the most established blockchains in the house, Neo has lengthy centered on constructing an interoperable, dApp-rich ecosystem. Neo is now the most feature-complete blockchain platform for constructing decentralized purposes. The platform permits builders to digitize and automate the administration of property by means of good contracts and to code in conventional web2 languages. It additionally offers highly effective native infrastructures equivalent to decentralized storage, oracles, and area identify service, making a stable basis for the next-gen Internet.
For all enquiries about this launch, please contact josh.adams (at) eakdigital.com
