CircleID

ICANN, the Internet Corporation for Assigned Names and Numbers, was officially incorporated on 30 September 1998 as a nonprofit public benefit corporation. Headquartered in Marina Del Rey, California, United States, ICANN was assigned to oversee a number of Internet-related tasks originally performed directly on behalf of the U.S. government by other organizations, such as the Internet Assigned Numbers Authority (IANA). Back in 1998, there was only one domain name registrar; now there are over 900 ICANN-accredited registrars in the world and over 168 million domain names registered.

"Ten years ago, there were 100 million people that used the Internet. Its inventors originally thought the network would only ever have to cater for one million users. But in the creation of ICANN, the Internet community and the US Government recognized they needed to privatize the domain name system to increase competition and international participation," says Peter Dengate Thrush, current Chairman of the Board of ICANN. "Thanks to that decision, and with nearly one-and-a-half billion people online, the network goes from strength to strength. And we hope, with the plans we have laid on the table, that the next ten years of extraordinary growth also occurs seamlessly for ordinary Internet user."

Related topics: Domain Names, ICANN, Internet Governance