US ready to cede control of internet naming system

The United States has conceded for the first time that it is willing to cede control of the internet’s Domain Naming System (DNS), drawing its 20 year period of control of the body to a close.
The DNS plays a critical part in the functioning of the web by connecting text-based web addresses with an underlying numerical code, known as an IP address, to ensure efficient online navigation.
By historical accident the US has served as the ultimate arbiter of this process but in a bid to democra