Why Registrars require an EU based Escrow provider
Posted on 12 October 2017
Domain names, registrant data and data protection, they all have a long history in the ICANN universe. Let’s do some time traveling and let me take you back in time, starting a decade ago…
March 2007
ICANN de-accredits RegistryFly, this disaster demonstrates clearly that Registrars should escrow registrant data to an escrow provider in case a registrar goes “down.”
To counter the RegistryFly disaster, ICANN introduced escrow requirements, ICANN picks up the bill, but of course, indirectly the registrars are paying for it, how much is unknown though, as we do not know how much ICANN is paying Iron …