HONG KONG, June 14, 2022 /PRNewswire/ -- Ether Domain Name Services (EDNS) proudly announces the beta release of EDNS Message, a feature on top of EDNS Platform that integrates Mobile messages into Web 3.0 technology. This feature is the first ever in the blockchain market to connect Web 3.0 with traditional telecom services as a way to protect the transaction security of cryptocurrencies.
EDNS is a name and lookup service built on the Polygon blockchain, a layer-2 scaling solution for Ethereum, and it's compatible with Ethereum allowing crypto users to translate their machine-readable addresses to human-readable addresses. It provides a Decentralized Domain Naming Service for Web3.0-related demands, including NFT, Cryptocurrency Wallet, Web hosting, DeFi ID, and GameFi ID in the Digital world. Moreover, to serve a wider range of users, EDNS will expand to support more blockchains, and ultimately become a multichain platform.
The current issue we are facing
The DeFi wallets in the market only allow peer-to-peer transactions based on public addresses that are pseudo-anonymous, you can not tell who initiates it or who the recipient is. Nor can you communicate with the recipient of that transaction.
Now that's where EDNS comes in.
EDNS is here to solve with EDNS Message
The EDNS Platform powered by EDNS, which allows users to create a universal nickname for all their public addresses and decentralized websites, launched on Apr 12th, 2022. With an ambition to bridge the gap between Web 2.0 and Web 3.0, EDNS has achieved several milestones including the success of rolling out the beta release of EDNS Message.
Being the first of its kind in the DeFi space, EDNS Message comes with a unique feature that makes domain-to-mobile communication come true, which brings back telecommunication to the contemporary Web 3.0. This function is convenient and secure in that users can now send messages to each other within EDNS networks freely through their registered domain and phone number.
Use case: two-factor authentication
EDNS Message tackles the issue lurking in existing DeFi solutions - wallet transactions fail to determine the identity of the recipient, which easily causes wrong transactions or even funds to be stolen. With your phone number associated with the system, EDNS Message can secure wallet access and transaction confirmation by verifying through messages received by the user as a two-factor authentication step.
EDNS Message Public Test
EDNS has launched the EDNS Message Public Test Campaign to encourage users to try out this function recently. Interested users can now follow EDNS' official channels for more information.
In the meantime, EDNS CEO Ms. Joey Lam showcased her excitement about EDNS Message beta release saying, "the EDNS team is privileged to be the first Polygon on-chain domain provider helping the world match towards the Web 3.0 horizon with state-of-the-art technology. " She added, "EDNS Message will create a unique user experience in Web 3.0 with their cryptocurrency transaction safeguarded by ENDS technology."
What's next at EDNS?
EDNS has more features in the pipeline that will significantly enhance web security and cryptocurrency protection to realize its goal of bringing to the market the best-decentralized scaling solution for Web 3.0 in the domain frontier. EDNS will also provide decentralized storage, decentralized Web Hosting, and Web building services that push Web 2.0 towards a truly decentralized future.
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