Mon, 01 Jan 2007
Why Don't we Have a .bank?
Why don't we have a .bank or .bank.country_code TLD that's regulated by the same people that regulate the
banks themselves? Most countries, with the notable exception of the US
(which has multiple National regulators and a second tier of State
ones), have a single body regulating all the banks so why not use their
established trust metrics (you must be at least this tall to be a
bank) to determine who can have a .bank domain?
In additional to helping people find their bank online (although if they can't find it should they be doing online account management?) it'd help prevent a lot of phishing. I like the idea of a decentralised model (which would have the benefit of local knowledge) rather than a single globe spanning group but decentralisation does seem more likely to end up having a very weak link in some small, "legally interesting" country.
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Posted: 2007/01/01 11:32 | /misctech | Permanent link to this entry | This entry and same date
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