UK to Sell of Unused IP Addresses to Earn Euros -DWP

News - United Kingdom (on May 25, 2015 12:17 PM)

UK to Sell of Unused IP Addresses



Government of the United Kingdom is selling out Internet Addresses that it no longer uses in order to earn Euros, reports DWP.


UK government has decided to sell off Internet address often called IP addresses, known as IP Version 4 (IPv4) addresses, in order to earn some money to fill the reserves. These IP addresses are mostly owned by the Department for Work and Pensions which is used by the UK's government network.


In a first go, government is able to sell off almost 150,000 addresses to the Norwegian firm called Altibox for about £600,000 only. However, government aims to sell of almost all the surplus internet addresses in order to earn more or less £15 million, estimated. And it looks government of the United Kingdom will be able to achieve the target as it seems that net has almost exceeded addressing scheme it adopted in the 1970s.

 


A government spokesman said: "Government periodically reviews all its assets to consider their financial value, including options to release income from those that are not used to their fullest potential.


"The scope of the value of these assets is commercially sensitive and protected by standard legal confidentiality agreements."


From the ‘holy sayings’ of the spokesman of UK’s government, if we get on history, we can see  that the surplus addresses are part of a much bigger block of 16 million IP addresses given to the Department of Work and Pensions (DWP) in 1993, we can analyze why government is doing so. And the answer is, before the IP addresses were given to the Department of Work and Pensions, DWP was on a project to see how many of the address are surplus, hence, could be sell off. However, many of the experts fear if the addresses are shared out more widely, data could go problematic.


ipv4However, the addresses are very valuable due to their hard limit in the numbering system they use. The guys do not know about IP Version 4 (IPv4) addresses, we’d like to inform that Internet Protocol version 4 (IPv4) is the fourth version in the development of the Internet Protocol (IP) Internet, and routes most traffic on the Internet. However, a successor protocol, IPv6, has been defined and is in various stages of production deployment. IPv4 is described in IETF publication RFC 791 in September 1981, replacing an earlier definition in RFC 760, January 1980.


According to Ms Brown, president of address broker IPV4 Market Group, trading in IPv4 had been quick and energetic in Europe, because, "Supply has met demand,” however, Ms Brows also views “but we are reaching a point where supply is about to fall short and we have seen prices escalate because of that." However, there are some bits of hope as "The long-term strategy should be IPv6," because many of the European companies “freeing up IPv4 address spaces to fund their IPv6 migration,"


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