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ICANN, VeriSign and the Future of .Net
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The economic security and national security picture that is now the backdrop of the re-compete of the .Net registry agreement is far different than it was when VeriSign was originally selected to run it. There are far more users on the Internet, the economic reliance on the network for transactions now amounts to billions of dollars of eCommerce. The registries are at some level interdependent, including .gov.
On the security front, the United States is engaged in a war and we are confronting a global terrorist threat targeted at undermining our national security by destabilizing our economic security. Our reliance on networks for communication, data exchange and as pipelines for transactions is a key factor in securing our economic well being.
Clearly competition in this process is important. In the current environment however the most important reality is that the registry and the network have to be stable and function well. They have to be as secure as they can be and they must deliver service in a challenging, geopolitical environment that may not always be peaceful.
In a time of war what the economy needs, what markets expect, what commerce requires is stability. Whoever can deliver stable service in this environment will have a leg up.
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