In today’s world, domain names are not unique for any one. If you have your own website, you would know that there are many extensions of domain name and top level domains known as TLDs. Every country has its own top level domains also known as TLDs. In Australia, its .au, for France its .fr and .it for Italy etc. There are other generic TLDS also that are not specified for any specific country or state like .com, .info, .net, .biz, .edu etc.
New domain name plan means that businesses and organizations can create their own TLDs for example .Facebook, .Microsoft etc. Moreover it is speculated that big brands will run their own TLDs soon. New domain names including .Canada, .London has been proposed to be used by local businesses. Other names such as .hotel, .health, .fun, .bank are also under consideration.
Many people predict that this may mark the start of domain name revolution. The first range of new TLDs will be much appreciated with excitement and enthusiasm. Hopefully it does. J