Will SDDNS allow you to give human-readable names to objects as well as people? I mean could I call an object my_color_printer or 1st_floor_fridge or something? There are some obviously killer crypto applications that would become very easy to implemement if this is the case. internet-of-things kind of comes to mind.
Yes, just as the Internet Domain Name System (DNS) assigns domain names to IP addresses our SDDNS system will allow users to dynamically assign names of people and objects to BitSwift addresses.
You may for instance claim "YourName = b322329hj3213n2o13nm12on21p309" or "ThisObject=B23non2i31djsxyz12390fj9023jrj2930j"
The SDDNS module will not be enforced, so those users who wish to run without a "Digital Identity" can still transmit SWIFT without requiring to register any identities.
We are implementing a Proof of Existence (Proof of Document) module soon (in next wallet release), which will allow you in the future to then Create a Digital Identity for yourself, as well as bind that the Digital Identity directly to your physical identity via proof of document.
Perhaps you own a vehicle, and so you wish to assign an identity to that vehicle, and to proove your ownership you use proof of existence to bind the ownership to your digital identity.
Further, reputation systems can be built on top of Digital Identities and those Reputations (SwiftRep) could be utilized outside of the BitSwift network (for instance maybe on your EBays seller page or Facebook profile)
All of these are possibilities with BitSwift - we are building a distributed network for you.
Thank you
-BitSwift Management