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The Standard: Network Solutions Wants 2 More Top-Level Domains

Apr 20, 2000, 13:38 (7 Talkback[s])
(Other stories by Keith Perine)

"Network Solutions (NSOL) said today that it supports the creation of two new generic top-level Internet domains to relieve the crush of domain name registrations in the overcrowded .com, .net and .org top-level domains."

"NSI sent a position paper to the Internet Corporation for Assigned Names and Numbers, the nonprofit entity charged with technical administration of the Internet. The paper recommends that one new domain, ".shop," be created and opened to all registrants, and that a second, "chartered" domain, ".banc," be created specifically for use by banks and other financial institutions. Furthermore, it calls for a new central registry for each of the two new domains, suggesting that the ".shop" registry be located in Europe and collectively managed by the dozens of ICANN-accredited domain name registrars, including NSI. For ".banc," NSI recommends that a "core group" of global banking industry representatives be appointed as registry gatekeepers."

""NSI believes that the competitive marketplace will benefit from the new [top-level domains]," wrote Roger Cochetti, a company executive. He urged ICANN to designate two new "proof of concept" top-level domains right away to avoid "months or even years spent in further analysis, debate about abstract criteria, and lengthy, complex and contentious procedures and negotiations.""

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