StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

New Top-Level Domains - Essay Example

Cite this document
Summary
The present essay "New Top-Level Domains" dwells on the basic ideas associated with the general press on what the new domain system is going to be about and its potential benefits and challenges to the banking industry and clears misconceptions that may be associated with the new domain system…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.4% of users find it useful
New Top-Level Domains
Read Text Preview

Extract of sample "New Top-Level Domains"

Domain names and top-level Domain Summarize of major issues The two articles touch on the all new issue of top level domains. Whereas one article brings out the basic ideas associated with the general press on what the new domain system is going to be about and its potential benefits and challenges to the banking industry, the other tries to clear misconceptions that may be associated with the new domain system. Basically, Crossman (2011) focuses attention on the banking industry. Indeed, the choice of the banking industry is doubtlessly a very prudent choice.

This is because the banking industry is now finding a place in the new sensation of internet technology as compared to the trade and entertainment industries that have already found firm ground in the internet mystery. The new domain system is therefore seen by Crossman as a means for the banking industry to take advantage of its new edge to also dominant the internet. Steve (2011) on the other hand sees the need to educate the ordinary user of the internet on the new domain system. Though Steve did not make specific mention of the banking industry, his advocacy on misconceptions associated with the new domain system would clear doubts among the players in the banking industry who may want to take advantage of the new system.

Importance to modern organizations The modern organization discussed in the articles is the banking institution. The first importance of the new domain system as discussed by Crossman (2011) is that there would be the room for personalization and customization. Such personalization and customization according to Crossman goes a long way to enhance company branding. He states that “this potentially opens up an opportunity to banks to market and brand themselves differently through their internet addresses (Crossman, 2011).

With the current economic climate where the world is now recovering gradually from the global economic crunch that hit it, any form of publicity that brings customers closer to be business is very important in ensuring growth. If the new domain would therefore give banks the opportunity to identify themselves with customers, then this is good news to the industry. The second importance outlined is the fact that the new domain system will check online fraud and make online banking more secure.

Crossman (2011) quotes Javed who posits a rhetorical statement saying “no squatter in their right mind would go spend six months and half a million dollars so they could mess around with Bank of America's name, then get sued the following week and get a cease and desist order. This is definitely a cyber squatting killer.” Indeed the more customers can trust that their monies will be safe with banks, the more they will want to do business with the banks. Impact on modern information technology infrastructures Certainly the new domain system would be of major importance to information technology infrastructures and impact on them positively.

This is because the new domain is going to ensure that there is as much money in the IT industry as possible. Considering the fact that “it will cost $185,000 to apply for an extension and an additional $25,000 per year to keep it active among other costs” (Steve, 2011), it will be a new era in the information technology world when money can be accrued for infrastructural development. This advantage not withstanding, there could be an impact that may be described as demerit. This is in the fact that domain hosting would loss a lot of prominence as much of the authority associated with it will go to domain hosts who would buy the new domain names.

When this happens, popularity will be switched from the information technology giants who used to control domain hosting to individual organizations who will now be the authorized owners of their own domain names. REFERENCE LIST Crossman P. (2011) New Domain Names Pose Opportunity and Challenge to Banks. Bank Technology News. Retrieved August 21, 2011 from http://www.bankinvestmentconsultant.com/news/banks-new-domain-names-branding-marketing-security-2674524-1.html Steve J. (2011) 10 Myths about the New Top-Level Domains.

Retrieved August 21, 2011 from http://www.businessinsider.com/10-myths-about-the-new-top-level-domains-2011-8

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“New Top-Level Domains Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
New Top-Level Domains Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/information-technology/1579236-domain-names-and-top-level-domain
(New Top-Level Domains Essay Example | Topics and Well Written Essays - 500 Words)
New Top-Level Domains Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/information-technology/1579236-domain-names-and-top-level-domain.
“New Top-Level Domains Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/information-technology/1579236-domain-names-and-top-level-domain.
  • Cited: 0 times

CHECK THESE SAMPLES OF New Top-Level Domains

Elastic and Inelastic Traffic

The need to shift to this particular type of server was driven by the facts that include DNSs' improved mechanisms aimed at providing intense network security against attacks; automatic and periodic check of possible errors that may tamper with the network systems' mode of operations; it is relatively easy to use; its high flexibility in that a single DNS server is capable of managing multiple internet sub-domains and domains within a network structure; it is consistent in its techniques of naming structure for both internal and external...
3 Pages (750 words) Assignment

Domain Name System Security Extensions

It is generally believed that making the DNS safe is critically vital for securing the entire Internet; however implementation of DNSSEC particularly has been held back by the difficulty of working out a backward-compatible set that can scale to the range of the Internet, avoiding "zone enumeration" where necessary, positioning DNSSEC implementations over a wide range of DNS servers and clients, disparity among major players over who ought to own the Top Level domains such as ....
9 Pages (2250 words) Essay

Protocols Used in World Wide Web

WWW, a universe of knowledge, is the collection of linked documents or files.... The web attained rapid popularity due to the vast… The web and internet are not synonymous.... The internet is a world wide network that provides electronic connection among computers and the web is distributed system that runs on top of it. Internet consents to exchange of information among In a distributed system, interconnections between the systems are in a client-server model....
6 Pages (1500 words) Essay

The Importance of Managing Conflict and How the Same Could Be Avoided

This paper discusses the importance of managing conflict and how the same could be avoided so that employment relationship aspects are studied in a proper manner.... Conflict scenarios can develop due to differing personalities of the people as well as the respective likes and dislikes.... hellip; Procedures find out the exact ways through which details of the policies are followed within the organizational realms....
9 Pages (2250 words) Research Paper

Sample Cyber Security Profile

This paper discusses the many facets of protecting these vulnerabilities against large-scale attacks… One of the most crucial elements to understanding within the realm of security is the User Domain, one of seven domains in an IT infrastructure, is considered to be the domain most at risk for attack and compromise, primarily due to the inherent weakness of the human interaction element According to many publications, NIST is very proactive in this element as one of the main is attacks on User Domain....
4 Pages (1000 words) Essay

Elliott Solutions Inc Active Directory Exercise

The Active Directory Migration Tool (ADMT) will be used to move the user, group, and computer accounts within the existing domains (both AD and NT) of Elliott and the absorbed competitors into the consolidated Elliott AD domain.... The AD 'MoveTree' utility will be used to use objects of the components within the original domains (regarded as the same Forest for the purposes of this exercise) to within the designated Groups within the consolidated Elliott domain....
10 Pages (2500 words) Case Study

Mission and Objectives of the Company Including Its Corporate Social Responsibility

Apple's mission statement and objectives clearly outline that it is intended to provide the best personal computers for students, educators, and consumers at a larger level both in the domains of hardware and software.... he list of accomplishments written by the Apple's management in the mission statement like the production of software products like OS X, iLife, etc and the products in the hardware domains like MAC, i-pod etc transforms the mission statement in a very useful helping document for both an investor and a student for the best buying decision and evaluation of the company....
10 Pages (2500 words) Assignment

The Benefits of Mail Server

domains A domain is a logical grouping of directory information, suchas users, with centralized administrative access through aconfiguration node.... domains define how directoryinformation is made available to nodes.... If you only have one node, youcan choose to have only one domain, or you can set upmultiple domains on the node.... If you have multiple nodes,you can have one or more domains that include one or moreNodes....
8 Pages (2000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us