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VeriSign plans domain tasting service

VeriSign plans to offer a service that would allow domain names to be registered for as short a period as a month, possibly creating a system of legitimised domain tasting.
The company has asked ICANN (pdf) if it can launch a Domain Name Exchange service, whereby registrars could cash in unused names, transferring the remaining time on the registration to a new domain.
The service, according to VeriSign’s filing, is designed for registrars that offer domain registration as part of bundled hosting packages paid for on a monthly subscription basis.
Currently, those registrars have to register the domain for a full year with VeriSign, even if the customer stops paying for it after a month or two, the company said.
Under Domain Name Exchange, registrars would (continue reading)