The iWorld

With the new ICANN domain transfer policy, domain name owners will now be able to choose their domain registrar much in the same way as telephone numbers can be moved between carriers. The prime objective of this policy is to allow users to find the services and prices that best suit their needs. The prime objective is to increase competition between domain registrars and to drive down costs.

This new policy has also moved in the direction of providing protection againsts unauthorized domain trasnfers. Now domain registrars require registrants to verify their identity using a clear standardized form of authorization as a way of prior consent from that person or group before the changes are made.