Buffett increases his holdings of shares in Internet infrastructure service provider VeriSign, which is said to have a patent for blockchain domain name registration technology

PANews reported on December 29 that according to Marketwatch, the latest U.S. Securities and Exchange Commission disclosure documents showed that Buffett’s Berkshire Hathaway increased its purchases by $28.55 million in the three trading days ending on December 24. Bought 143,424 shares of Internet infrastructure services company VeriSign. Including the stocks it has purchased previously, Berkshire currently holds a total of 13.7% of VeriSign's issued shares, worth nearly $2.7 billion. According to the report, one reason for Buffett's interest in VeriSign may be that it ranks high in various profit margin indicators among S&P 500 companies.

It is reported that Verisign has previously been granted a patent by the United States Patent and Trademark Office (USPTO) for applying blockchain technology to domain names. It is reported that Verisign has control of the ".com" and ".net" domain names. The patent, titled Domain Name Blockchain User Address, outlines some of the main benefits and technical advantages associated with registrants using DNS domain names in blockchain networks. . It can support the use of domain names purchased in a traditional DNS environment in a blockchain environment. Verisign explained that by applying this technology, the registry enables users to convert traditional domain names into "blockchain user addresses" and interact with other participants on the network.