ICANN, the Internet Corporation for Assigned Names and Numbers, is the appointed non-profit and independent governor of the internet. On September 30th, ICANN announced the signing of the Affirmation of Commitments, a document confirming the mission and duty of the corporation in regulating and defining the internet for the rest of the world to use.
ICANN’s latest project is the unleashing of New Top Level Domains to be used alongside .com and .net for website domain locators. Among those soon to be allowed will be self-identifiable trademarks, and many generic identifiers such as .music. Additionally, ICANN is preparing to allow the use of scripts other than english letter characters, such as Chinese and Farsi. This program is already in use, but development continues.
For more information on these programs, see ICANN’s website HERE.
Ian McClure is a former corporate & securities and intellectual property law attorney with
Trevor M. Blum is a former Associate in the Chicago-based, valuation practice group of Ocean Tomo, LLC., an intellectual property (IP) consultancy. Additionally, he provided instrumental research support to Intellectual Property Exchange International, Inc., an IP exchange start-up. Trevor holds a B.S. from Indiana University and is currently an MBA candidate at the University of Cambridge, focusing on international business and finance. His interests also include entrepreneurship, economics, and informational visualization. He enjoys running and cycling in his free time. Trevor seeks to bring a transnational business perspective to the blog. 
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