Amid the constant stream of practical additions to the blockchain sector, renowned cryptocurrency exchange and Web3 innovator Gate.io has partnered with D3 Global, a next-generation domain name company developing interoperable digital identities, to ‘ .gate’ top level security. Domain (TLD).
Specifically, the two companies collaborated so that Gate.io could apply and obtain the ‘.gate’ TLD – the last part of website addresses in the Internet’s Domain Name System (DNS) such as ‘.com’ and ‘.org’ – during The upcoming application window from ICANN, according to the press release shared with Finbold.
What this collaboration brings
In particular, the adoption of a ‘.gate’ TLD would give Gate.io users the ability to create personalized web addresses that are natively compatible with Web2 and Web3 addresses, and serve as a digital identity in Web2 browsers and email services alongside crypto wallets and other blockchain tools. .
With this move, Gate.io has become the first crypto trading platform to pursue its own dedicated TLD, following the same course of action as Shiba Inu (SHIB) and Viction’s blockchain ecosystems in December 2023, as part of D3’s goal to seamlessly integrate DNS and Web3 technologies.
D3’s patent-pending platform aims to address the problem of the incompatibility of existing Web3 naming systems such as ‘.eth’ and ‘.crypto’ with traditional Internet infrastructure, leading to issues such as missing critical features , brand confusion and safety drawbacks. .
Therefore, the integration of traditional World Wide Web and Web3 systems would provide improved security, usability and universal access to the so-called “real Web3 domains”, as the company calls them, demonstrating Gate.io’s position as an innovator in this field .
Commenting on the development, Gate.io founder and CEO Dr. Lin Han explained what this meant for the platform and the industry in general, stating that:
“Our partnership with D3 will allow us to offer exciting identity solutions that enhance their trading experience and make the Gate.io ecosystem accessible to billions of internet users around the world, while maintaining the secure environment our users have become accustomed to. ”
At the same time, Fred Hsu, CEO of D3, shared his excitement about making Web3 more accessible, scalable and secure with simple, interoperable digital identities built on the DNS, adding that this way, Gate.io’s 12 million users worldwide will have access would gain access to the company’s advanced solutions.
