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Revolutionizing Domain Management with Blockchain
This chapter explores the transformative impact of blockchain technology on domain registration and transaction processes, focusing on the implementation of smart contracts that streamline trading and enhance security. The discussion highlights the integration of Web3 domains, the need for cooperation among registrars, and the challenges posed by legacy systems. Additionally, it addresses market dynamics and innovation in the domain name industry, including the nuances of patent approval and the implications of recent developments in Web3 domain architecture.