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Blockchain

Q&A: How can blockchain work with DNS?

Blockchain is getting widely talked about in regards to a lot of things, but one place which is probably getting less attention is how it can work with Domain Name System (DNS). This is exactly what Tim Favia, SVP of Corporate Development at Donuts Inc., is focused on. He explains more in the lightly edited Q&A below.

 

Can you explain the unique correlation between blockchain and DNS?

The unique correlation between the blockchain and DNS is that each has complementary attributes and functions. I love the Domain Name System (DNS). It’s awesome, in part because there’s no way it could be built again in today’s world. The DNS is global, reliable, distributed, highly scalable and it’s basically free for any / all to use. At its heart, blockchain facilitates contracts (transactions) between entities; often, the best way to characterize or describe those contracts is through use of a name (e.g., a domain name), or by leveraging an address-based distributed network (e.g., the DNS).

If a hyper-growth blockchain company is seeking to develop breakout new apps or services in record time, with a very tiny talent pool of engineers (I’ve just described 90% of all blockchain startups), then the DNS can be a critical infrastructure to pair with the blockchain.

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