Attention, please! The following lines are not for the geeks out there who know by heart all the bleeding edge technologies to date and can create their own definitions of commonly used terms.

This is a series of terms commonly used by entrepreneurs, investors, blockchain enthusiasts and others who interact with blockchain technology aimed to help those who just enter the market to understand our techie language better.

Today, we kick off this series by talking about Internet Governance. Before saying anything: we’re gonna stop you there! No, it’s not about politics, but something in between.

Briefly, Internet Governance refers to the processes that determine how the Internet is managed.

To put things into context, Internet Governance is a set of common rules established by people in black suits, the private sector, and the civil society (or at least that’s what they call themselves).

What’s important: this is not the product of an institutional hierarchy, but rather it emerges from the decentralized, bottom-up coordination of tens of thousands of mostly private-sector entities across the globe. In fact, imagine that in the mid 90’s, it was only about a limited set of policy issues associated with the global synchronization and management of domain names. It took a lot of time to become the complex mechanism that we know today, and you can find here a comprehensive article about what is Internet Governance.

Other concepts that you might want to Google, to dig deeper into this concept, are ICANN, Internet Governance Forum.

Until next time, keep an eye on us, we are on Telegram, Twitter, LinkedIn, Facebook! The next pill in our IP Dictionary series is Internet Protocol or the core of our business model.

Keep in touch!