ICANN Update: March 2014

The ICANN 49 meeting in Singapore has drawn to a close, with many discussions focused on the rollout of the new gTLD program. There was however, another key development with broad implications for the way the Internet is governed. We take a look at the implications of a recent announcement by the US National Telecommunications and Information Administration (NTIA):
On March 14, the US National Telecommunications and Information Administration (NTIA) announced its intent to transition key Internet domain name functions from the US government to the global multi-stakeholder community. ICANN has been asked to lead the process.
NTIA has informed ICANN that it expects the organization to work collaboratively with the directly affected parties, including the Internet Engineering Task Force (IETF), the Internet Architecture Board (IAB), the Internet Society (ISOC), the Regional Internet Registries (RIRs), top level domain name operators, VeriSign, and other interested global stakeholders.
The transition proposal must have broad community support and address the following four principles:
  • Support and enhance the multi-stakeholder model; 
  • Maintain the security, stability, and resiliency of the Internet Domain Name System (DNS); 
  • Meet the needs and expectation of the global customers and partners of the IANA services; 
  • Maintain the openness of the Internet.
We expect any transition to be smooth as ICANN has been run as a multi-stakeholder organization since its inception and has the rules and governance in place to ensure the Internet is on a stable footing – both technically and financially. 
What does this mean for your business?
NetNames will be holding a webinar on this subject in the coming weeks to explain the outcomes from ICANN 49 and the NTIA’s announcement. Keep an eye out for more details.