ICANN May Allow Non-Latin Web Addresses Next Year

Apparently, in mid 2010, ICANN (Internet Corporation that has the authority to assign the domain names and numbers) perhaps roll out an entirely new Internet system that allows domain names to be in languages other than the languages that are using Latin alphabet.  Apparently there is more than half of the worldwide Internet users are speaking and writing and typing in languages that are not base on Latin alphabet.  This is big, because this new Internet system will allow gazillion more domain names to be purchased.  Popular countries like China and Japan and Korea and Vietnam and others may see spikes in domain name sales, and just like anything new, good domain names may be gone in a flash.  This move may make domain registrars get richer and the web becomes a more confusing place.  What you think?  Source.

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