How “Superdomains” will, literally, connect the Planet!
A ,
1 – What is a “Superdomain”
2 – Supply Chain
3 – Interoperability
4 – .earth
5 – ioT
1 – What is a “Superdomain”.
Recently, I posted a thread about “Superdomains,” and I wanted to elaborate on one use case that, in my opinion, best illustrates the scope of the possibility offered by a “premium” superdomain.
But let’s first go through the definition of a “Superdomain.”, as prescribed by @GaryPalmerJr
Simply put, a “Superdomain” is a domain that has the ability to serve as a category unto itself, removing the need for new domain extensions like .gov,. art, or. tech, etc…
Examples of a “superdomains” would be:
Poland.eth or business.eth
https://twitter.com/MagnumEth/status/1595887672937136135?s=20&t=ABiOD0zZhCfSpCe7xyiNgg
2 – Supply Chain
One of the use cases that blockchain technology should disrupt has always been supply chain management. The main causes of this are supply chains, which are vast, dispersed networks of individuals are riddled with fraud and lack of efficient and transparent certification outcomes.
“Certification ‘making no difference’ to supply chain labour abuses”
Supply chains underpin the macroeconomy and global markets. In order to improve licencing of services, goods, and software through the use of automated smart contract payments, large enterprises and supply chain leaders are recognising the transformative impact of blockchain technology. Blockchain technology provides consumer goods transparency, more precisely tracks assets, and improves asset tracing.
“In the container industry, paperwork can account for half the cost of transport.”
“Blockchain in Supply Chain Management”
“Supply Chain Inventory Sharing Using Ethereum Blockchain and Smart Contracts”
“81 of top 100 companies use blockchain technology, Blockdata research shows”
In blockchain-based supply networks, four key actors play roles, including registrars, standard organizations, certifiers, and actors:
Registrars: They provide network actors with distinct identities.
Standard organizations: These organizations develop blockchain rules and technical specifications or standards schemes, such as Fairtrade, for environmentally friendly supply chains.
Certifiers: They certify individuals for involvement in supply chain networks.
Actors: A registered auditor or certifier must certify participants or actors, such as producers, sellers, and buyers, to retain the system’s credibility.
Several DTLs (Distributed Ledger Technologies) are currently being used to increase efficiency in this sector.
“Hyperledger Fabric is the preferred solution for 38% of the top 100 companies. Ethereum follows with 24%, Quorum with 17%, R3’s Corda with 13%, and PharmaLedger with 8%.”
Each business has its own distinct needs and supply chain. But there are certain fundamental aspects to consider.
Choosing between a public and private blockchain will be your first significant decision.
Public vs. Private Platforms
“If your company’s a startup, you’ll most likely want the public option, which is preferred by most early-stage businesses—it’s turnkey, making it conducive to industry disruption. Established companies favor private, or permissioned, blockchains, and these are the networks I recommend. They were developed so businesses could use the same distributed ledger technology to design customized solutions, but with advanced privacy controls. Data is shared only with authenticated, authorized members. The peer-to-peer network is limited, which may hamper functionality but can improve other aspects, such as speed and scalability, and drive down development cost.”
Whatever course of action enterprises adopt, whether using public or private blockchains, the most crucial thing to remember is that they are currently utilising and investing in this market. Additionally, efforts to build a bridge between them have been under way, and integrations appeared to be next.
“Russia’s Sber Bank Integrates Metamask Into Its Blockchain Platform”
“The largest bank in Russia, Sber, has announced that its proprietary blockchain platform will be compatible with Ethereum.”
*** Geopolitical considerations might also play a major role in determining which type of blockchain will be the default for conducting international settlements.
4 – .earth
In this context, Ethereum benefits by being the most dominant platform, both with public and private blockchains (via enterprise blockchains), as well as by being interoperable and integrated with other solutions.
This raises the prospect of having to name a huge number of dapps, smart contracts, content hashes, etc. in addition to the potential of millions more IoT devices.
Enterprise Ethereum Alliance (EEA) Supply Chain SIG
“What about Internet-of-Things (IoT) and Big Data-enabled supply chain systems?
Two critical and actively emerging trends are IoT and data format requirements. In the example of shipping a yellowfin tuna internationally, how does that fish physically manifest on the blockchain? This requires a unique identity such as QR code, identifying tag, or bar code that can be digitized as data for tracking. To connect the physical to the digital, our SIG is exploring concepts like reputation, identity, wallets, storage, token issuance, and management. They’re all related, and once you start constructing use cases, you will need standards so that you can make use of the data that these devices will capture.”
Which takes me to , .earth (@dotearth_) – a project that is creating a visual block explorer for web3.
In their own words, “We are creating a search engine for the Ethereum blockchain with a superior user experience, using a unique and innovative visual language that graphically represents block interactions.”
Despite the fact that this project is not creating what I am about to outline (at least to my knowledge), I believe their “superdomain” is the ideal domain to express this use case.
So imagine this…
What If .earth used its subdomains to provide a factual and precise representation of every square inch of our planet.
What if each subdomain had the GPS coordinates/postcode/ address for a certain geolocation on Earth?
The possibilities seem infinite once the Earth is mapped onto the blockchain:
An Amazon drone could drop a parcel anywhere on earth with near perfect precision.
Or a fleet of self-driving Uber cars or helicopters, could bring about better road safety and transportation costs.
Put it simply, a digital twin delivered by subdomains.
5 – ioT
But that is just scratching the surface.
In addition to geolocation, a variety of other pertinent data, such as temperature or the make-up of the terrain, may be recorded and kept up to date. This could even help with the development of models by merging data from several subdomains. This procedure will become even more reliable and effective when combined with IoT and AI.
At that moment, blockchain will be the primary method of transferring information, if not the only one.
A new WEB (no pun intended, maybe) of interconnectivity is going to be built right under our very noses.
1289.eth