Blockchain domains have two unique use cases:
1. Replace cryptocurrency addresses with human-readable names
Right now paying someone is like this – ask for their cryptocurrency address, they go into their wallet and copy an address, they paste it into an email, send to you, you open the email, copy/paste the address into your wallet, and pay.
With a blockchain domain name, it will be like this – Attach your cryptocurrency addresses to your domain, and tell your friend to pay by typing in yourname.zil
2. Enable censorship resistant websites
Blockchain domains can be used to build censorship resistant websites. Traditional domain assets are stored on your behalf by custodians like Godaddy and Google Domains. But a blockchain domain is stored in your cryptocurrency wallet and controlled by you so no company or court order can take it.
Other use cases include:
Multicurrency payments - Pay in any cryptocurrency using blockchain domains. Which blockchain the domain lives on is separate from which cryptocurrency you want to use. Ex: Attach your Bitcoin, Litecoin, and Ethereum addresses all to a domain that lives on the Zilliqa blockchain.
Self custody of domains - You control your domain asset via private keys. No one can take it from you.
Payment address & domain - Blockchain domains can work as web domains in browsers & payment addresses inside wallets.
Private payments, public name - Point your domain to a service that rotates your private keys so Bitcoin, Ethereum, and any other cryptocurrency payments supported will be private, even though the domain is public.
Verify - Connect your wallet to your online identity using your Twitter, Telegram, or DNS record.
Bank account - Connect your bank account and never touch cryptocurrency if you don’t want to.