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Since the ICANN have announced the approval for open web domain name, new gTLD. it has become new era for internet resources business. Most people estimated that the domain name business will be huge business that result money. Referring to the success of VERISIGN as registry of .com, .net, most people predicted that there are future huge registry companies that strengthen country economic.
In regard to this, I am thinking about how the new gTLD business impact to the economic of least developing and developing countries. will they earn more benefits of this? considering that most least developing and developing countries still in the "digital or computerize stage". It means that they are still in transformation term from manual system to the digital or computerize system. Perhaps they have known and get access to the internet, but most of them just customers who use internet access to connect with other people without knowing how to earn, to improve their quality of life by using the Internet. For example, Indonesia is known as the countries who have the most Facebook users in Asia Pacific region. However being the Facebook users, most of them don't earn more money from it, otherwise they have spent more time to update their account status, or comment on their friends status.
Then, the open web domain name come along, it has been expected to be pillar of internet technology business. The most emphasis is on the new gTLD business in the least developing and developing countries. How they can use this opportunity to produce registries and registrars companies, if most of them don't have capability in understanding what the domain business is. This is a basic problems can't be solved by The Board of ICANN decision that give 75% off from $185.000 of new gTLD registration fee for registries that are from least developing and developing countries.
If new gTLD has not such great impacts that move economic in least developing and developing countries, the new gTLD openness would made the gulf between developing and developed countries is deeper than before. The gulf is not only about digital divide, but also the deeper economic gap between them that is resulted from new gTLD business.
So, it is time for us who are from least developing and developing countries to think about how to use the openness of new gTLD as a bridge that connecting digital divide and economic gap, as well. I was wondering if you don't mind giving your insight, opinions on this issue.