SPACE ID is building a universal name service network with one Oracle which seamlessly connects people, information, assets, and applications across blockchains, decentralized, censorship-resistant, and open-sourced.

What can I do with Space ID ?

Anyone can register for .bnb domains to replace the traditional BNB Chain addresses. The BNB Domain Name Service is built on the foundation of ENS (ENS is the equivalent of DNS for the blockchain, and for the Web3).

Users will have the domain NFTs which represent the ownership of the domain name.
You can set custom records to your .bnb domains to enjoy an easier user experience with thousands of dApps in the BNB Chain ecosystem.

You can trade cryptos, lend tokens, mint NFTs, and buy tickets or even homes in the future highly decentralized world easier by using only one ID. And all the data privacy related to the ID will be owned by the ID owner.

What is a Decentralized Domain Name System (DDNS) ?

Decentralized domain name projects aim to remove DNS’s dependence.

Domain Name System (DNS) is The Gateway to the Internet : Instead of the IP address, you can simply type “www.rsk.co” to visit RSK’s website.
Decentralized Domain Name System (DDNS) have some basic similarities with traditional DNS as they map individual blockchain addresses to human-readable domain names. Instead of the traditional .com, .net, or .org extension, blockchain domain names use .crypto, .eth, .bit, and so on. Decentralized domains are represented as tokenized assets (usually Non-Fungible Tokens) on the blockchain.

Are there other Decentralized Domain Name Systems (DDNS) ?

On Ethereum : Ethereum Name Service supports ".eth", ".com", ".org", ".io", ".app", ".xyz" and ".art"
On BNB Chain : Space ID supports ".bnb"
On Solana : Bonfida Name Service supports ".sol"
On Polygon : EDNS Domains supports ".meta", ".music", ".404", ".ass", ".sandbox", ".web3"
On Fantom : Fantom Domains supports ".ftm"
On Avalanche : Avvy Domains supports ".avax"