10/18/2024

EnCirca Opens Pre-Orders for Groundbreaking .locker Domain Extension, Ushering in a New Era of Web3 Identity Management on Bitcoin Blockchain

WOBURN, MA  – 18/10/2024 – (SeaPRwire) – EnCirca, an ICANN-accredited domain registrar, has announced the imminent launch of the .locker domain extension, a unique and innovative offering that blends traditional domain registration with cutting-edge Web3 digital identity technology. The .locker domain is poised to become a pivotal bridge between the current internet infrastructure (Web2) and the emerging decentralized web (Web3), all while leveraging the security and scalability of the Bitcoin blockchain.

With general availability set to begin on October 23, 2024, and pre-orders now open at a special introductory price of just $15, EnCirca is inviting users and businesses to secure their .locker domain names ahead of the public launch. The initiative not only marks a major milestone in domain registration but also provides individuals and organizations with a secure, tokenized digital identity that can be used to navigate decentralized applications (dApps), manage cryptocurrency wallets, and engage with the rapidly growing world of decentralized finance (DeFi).

Revolutionizing Domain Registration with Web3 and Bitcoin Integration

The .locker domain extension represents a breakthrough in how users engage with blockchain technology, creating a new, dual-purpose domain that offers both traditional Web2 functionalities and modern Web3 capabilities. For the first time ever, a domain extension approved by ICANN enables users to register a standard domain name while also creating a digital identity tokenized on the Bitcoin blockchain, offering seamless access to Web3 applications.

As the largest cryptocurrency by market capitalization, Bitcoin currently dominates the global crypto landscape with a staggering $1.2 trillion market cap, representing more than half of the entire cryptocurrency market. This makes the .locker domain ideally positioned to harness Bitcoin’s immense power, trust, and reach. By bridging the gap between Web2 and Web3, .locker opens the door to new opportunities for users to interact with decentralized networks, DeFi platforms, and digital wallets, all within a secure, easy-to-manage framework.

According to Thomas Barrett, President of EnCirca, “.locker is the first-ever ICANN-approved domain extension to introduce mainstream users to the Bitcoin blockchain, empowering them with a secure and scalable identity solution.” He emphasizes that each .locker domain not only functions as a traditional website domain but also becomes a tokenized, unique identity within the Bitcoin ecosystem. This tokenized identity enables users to engage with decentralized applications securely and confidently, expanding their access to the growing world of Web3 innovations.

The Mechanics of the .locker Domain: A Two-Part System for a Hybrid Digital Identity

The .locker domain offers users a hybrid system that merges the traditional with the futuristic:

  1. Web2 Component: Users register a standard Web2 domain name, which can be used for websites, emails, and other conventional internet functions.
  2. Web3 Component: Upon registration, the .locker domain is tokenized into a non-fungible token (NFT), which serves as the user’s unique digital identity on the Bitcoin blockchain. This allows for seamless integration with Web3 applications such as DeFi platforms, cryptocurrency wallets, and blockchain-based social networks.

EnCirca has partnered with Leather, a leading Bitcoin digital wallet provider, to ensure a smooth onboarding process for users. After registering a .locker domain, users will receive an invitation to install the Leather wallet, where their tokenized domain will be securely stored. This ensures that all registered domains are protected within a decentralized environment while remaining accessible for various Web3 use cases.

“Many Web3 digital identity projects have been criticized for their lack of consumer protection and inadequate security measures,” said Barrett. “However, .locker stands out by adhering to DNS industry standards, which provide essential safeguards against fraud, impersonation, and misuse.” This commitment to security makes the .locker domain extension one of the most robust identity solutions available for users entering the Web3 space.

Seamless Access to DeFi, Blockchain Wallets, and More

The launch of .locker coincides with the rising interest in decentralized finance and blockchain-powered applications. With a .locker domain, users gain the ability to interact with decentralized ecosystems without the technical complexities typically associated with blockchain technology. The tokenized domain functions as a user’s gateway to a variety of Web3 services, enabling them to explore DeFi platforms, manage cryptocurrency assets, and engage in peer-to-peer interactions on decentralized networks.

By offering a simple, secure, and accessible pathway into Web3, .locker domains empower users to be more than passive participants in the blockchain revolution. Instead, they become active agents capable of shaping their digital future in a secure, fraud-resistant environment.

Pre-Order Now at an Introductory Price: $15 for a Limited Time

EnCirca has opened pre-orders for the .locker domain extension, available for a limited-time price of $15. This promotional offer allows early adopters to secure their domain ahead of the official public launch on October 23, 2024. Once launched, .locker domains will be available on a first-come, first-served basis.

Interested individuals and organizations are encouraged to visit EnCirca’s official .locker pre-order page at https://www.encirca.com/locker to claim their digital identity before the rush begins.

About EnCirca

Founded in 2001, EnCirca has established itself as a trusted ICANN-accredited domain registrar specializing in both traditional and cutting-edge domain solutions. Headquartered in Boston, Massachusetts, EnCirca offers registration services for top-level domains such as .bank, .cpa, and .post, and is now leading the integration of Web3 technologies into the domain registration ecosystem.

About .locker

The .locker Registry is managed by Orange Domains LLC, a collaboration between Trust Machines, Tucows, DISH, and Hiro Systems. Orange Domains is dedicated to creating secure, user-friendly solutions that integrate traditional domain services with the decentralized capabilities of blockchain technology, ensuring a future where digital identities are fully tokenized and protected.

SOURCE: encirca

by Arrow123

The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.

Sectors: Top Story, Corporate News

SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi



source https://newsroom.seaprwire.com/technologies/encirca-opens-pre-orders-for-groundbreaking-locker-domain-extension-ushering-in-a-new-era-of-web3-identity-management-on-bitcoin-blockchain/