On Oct. 1, key technical functions that enable the internet to work were transitioned from the U.S. government to the Internet Corporation for Assigned Names and Numbers (ICANN). This transition essentially gives ICANN control of the internet—and it highlights the need for businesses to get involved with the organization to help protect their own interests.
ICANN is a Los Angeles-based nonprofit that administers top-level domains. It also accredits registrars such as GoDaddy and Network Solutions, enabling them to sell domain names. Unlike most organizations that are top-down-driven, ICANN is a multistakeholder organization that prides itself on being driven from the bottom up. This approach provides a unique opportunity for businesses to get involved with relatively little cost and effort.
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