Verisign to implement DNSSEC using blockchain

One of the oldest internet security companies is exploring blockchain usage in the field of domain name services
27 October 2017   1586

One of the world leaders in the field of domain names, Verisign, plans to patent the implementation of the DNS Security Extension (DNSSEC) protocol using blocking technology. The corresponding application was published by the Bureau of Registration of US Patents and Trademarks, CoinDesk reports.

The DNSSEC protocol is used to protect against the spoofing of information in the response and to prevent users from accidentally migrating to malicious sites when changing the DNS address.

At the same time, Verisign offers to store digital certificates, public keys and other means of authentication on the server, which will ensure the protection of users from hacker attacks and other malicious acts.

Several methods of using the DNSSEC protocol are assumed, but at the moment Verisign does not say about the further development of the system.

Facebook to Launch GlobalCoin in 2020, BCC Says

Facebook consults with representatives of the US Treasury Department and Bank of England  about regulating the initiative named Libra
24 May 2019   43

Operator of the world's largest social network Facebook Inc. will launch a new payment network based on its own cryptocurrency in the “dozen countries” in the first quarter of 2020, the BBC reports.

The publication claims that Facebook consults with representatives of the US Treasury Department and Bank of England Governor Mark Carney about regulating the initiative, code-named Libra.

At the same time, the Financial Times reported that Facebook is already in talks about listing GlobalCoin on the American exchanges Gemini and Coinbase. 

Sources of the publication said that Facebook is discussing with the trading firms Jump and DRW the prospects of market-making and liquidity.

Previously, the media claimed that the company is also in talks to support the initiative with Western Union, Visa and Mastercard.

Testing the network is supposedly scheduled for the third quarter of this year.

On May 2, Facebook registered Libra Networks in Geneva, Switzerland. Its profile involves the development of infrastructure and software, in particular, related to investment activities, payment transactions, financing, identity management, data analysis, Big Data, blockchain and other technologies.