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Donuts invests in Blockchain technology company
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<blockquote data-quote="Andrew Allemann" data-source="post: 2259263"><p><strong>Donuts makes an investment in Netki.</strong></p><p></p><p>Donuts has made its second investment under its Donuts Labs program.</p><p></p><p>Netki, Inc. is billed as a digital identity startup dedicated to democratizing digital currency. Just how does this relate to DNS? Here’s how Donuts explains it:</p><p></p><p style="margin-left: 20px"></p> <p style="margin-left: 20px">As a distributed database, the blockchain maintains a continuously growing list of data records. Blockchain-based applications, such as bitcoin wallets, utilize complicated, 32-character alphanumeric wallet addresses; Netki’s Wallet Name Service makes blockchain applications user-friendlier by generating easy to remember “wallet names.” Netki leverages “secure DNS” (known formally as domain name system security extensions, or DNSSEC) to map wallet names to blockchain-based public addresses. End-users can then safely share their wallet names in a way that improves security and privacy when compared to current practices.</p> <p style="margin-left: 20px"></p><p></p><p>In May, Donuts <a href="http://domainnamewire.com/2016/05/03/donuts-makes-first-investment-donuts-labs/" target="_blank">announced an investment</a> in geofencing company GeoFrenzy.</p><p></p><p>I’m not surprised that Donuts invested in a blockchain company. When I <a href="http://domainnamewire.com/2016/05/17/inside-donuts/" target="_blank">interviewed</a> Donuts COO Richard Tindal and CEO Paul Stahura in May, blockchain came up many times.</p><p></p><p></p><p><a href="http://domainnamewire.com/category/podcasts/" target="_blank"><img src="http://domainnamewire.com/wp-content/dnw-podcast-rss.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a></p><p>© DomainNameWire.com 2016. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact copyright (at) domainnamewire.com.</p><p></p><p><strong>Latest domain news at DNW.com:</strong> <a href="http://domainnamewire.com" target="_blank">Domain Name Wire</a>.</p><p></p><p>The post <a href="http://domainnamewire.com/2016/07/13/donuts-invests-blockchain-technology-company/" target="_blank">Donuts invests in Blockchain technology company</a> appeared first on <a href="http://domainnamewire.com" target="_blank">Domain Name Wire | Domain Name News & Views</a>.</p><p></p><p><span style="font-size: 15px"><strong>Related posts:</strong></span></p><p></p><ol> <li data-xf-list-type="ol"><a href="http://domainnamewire.com/2013/07/01/donuts-hires-six-for-sales-and-marketing/" target="_blank">Donuts hires six for sales and marketing </a></li> <li data-xf-list-type="ol"><a href="http://domainnamewire.com/2014/01/13/donuts-assigns-rights-to-futbol-and-reviews-top-level-domains-to-demand-medias-rightside/" target="_blank">Donuts assigns rights to .futbol and .reviews top level domains to Demand Media’s Rightside </a></li> <li data-xf-list-type="ol"><a href="http://domainnamewire.com/2014/03/03/i-just-went-0-for-17-registering-new-domain-names/" target="_blank">I just went 0-for-17 registering new domain names </a></li> </ol><p></p><p><a href="http://domainnamewire.com/2016/07/13/donuts-invests-blockchain-technology-company/" target="_blank">Continue reading...</a></p></blockquote><p></p>
[QUOTE="Andrew Allemann, post: 2259263"] [B]Donuts makes an investment in Netki.[/B] Donuts has made its second investment under its Donuts Labs program. Netki, Inc. is billed as a digital identity startup dedicated to democratizing digital currency. Just how does this relate to DNS? Here’s how Donuts explains it: [INDENT] As a distributed database, the blockchain maintains a continuously growing list of data records. Blockchain-based applications, such as bitcoin wallets, utilize complicated, 32-character alphanumeric wallet addresses; Netki’s Wallet Name Service makes blockchain applications user-friendlier by generating easy to remember “wallet names.” Netki leverages “secure DNS” (known formally as domain name system security extensions, or DNSSEC) to map wallet names to blockchain-based public addresses. End-users can then safely share their wallet names in a way that improves security and privacy when compared to current practices. [/INDENT] In May, Donuts [URL='http://domainnamewire.com/2016/05/03/donuts-makes-first-investment-donuts-labs/']announced an investment[/URL] in geofencing company GeoFrenzy. I’m not surprised that Donuts invested in a blockchain company. When I [URL='http://domainnamewire.com/2016/05/17/inside-donuts/']interviewed[/URL] Donuts COO Richard Tindal and CEO Paul Stahura in May, blockchain came up many times. [URL='http://domainnamewire.com/category/podcasts/'][IMG]http://domainnamewire.com/wp-content/dnw-podcast-rss.jpg[/IMG][/URL] © DomainNameWire.com 2016. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact copyright (at) domainnamewire.com. [B]Latest domain news at DNW.com:[/B] [URL='http://domainnamewire.com']Domain Name Wire[/URL]. The post [URL='http://domainnamewire.com/2016/07/13/donuts-invests-blockchain-technology-company/']Donuts invests in Blockchain technology company[/URL] appeared first on [URL='http://domainnamewire.com']Domain Name Wire | Domain Name News & Views[/URL]. [SIZE=4][B]Related posts:[/B][/SIZE] [LIST=1] [*][URL='http://domainnamewire.com/2013/07/01/donuts-hires-six-for-sales-and-marketing/']Donuts hires six for sales and marketing [/URL] [*][URL='http://domainnamewire.com/2014/01/13/donuts-assigns-rights-to-futbol-and-reviews-top-level-domains-to-demand-medias-rightside/']Donuts assigns rights to .futbol and .reviews top level domains to Demand Media’s Rightside [/URL] [*][URL='http://domainnamewire.com/2014/03/03/i-just-went-0-for-17-registering-new-domain-names/']I just went 0-for-17 registering new domain names [/URL] [/LIST] [url="http://domainnamewire.com/2016/07/13/donuts-invests-blockchain-technology-company/"]Continue reading...[/url] [/QUOTE]
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