For Subscribers

Change of Address There's a new Internet protocol in town. Is it time to upgrade?

By Amanda C. Kooser

Opinions expressed by Entrepreneur contributors are their own.

You may have heard that the world has a shortage of IP Internetaddresses. For its part, the United States has largely shrugged offthe worry because it has more IP addresses than any other countryand isn't in danger of running out for a while. But thatdoesn't mean we should rest easy. The IP address systemcurrently in use is called Internet Protocol Version 4 (IPv4). Sayhello to its replacement: Internet Protocol Version 6 (IPv6).You'll want to be on a first-name basis with IPv6 because,eventually, your business hardware and software will have to workwith it. Companies that deal with the Department of Defense alreadydo. The rest of you can take your time in converting, but when youupgrade networking equipment like routers, check that your newhardware and software is IPv6-compatible. It won't cost youextra, but it will be an important step, especially if you dobusiness overseas with countries that are already moving along theupgrade path. (The latest Apple and Windows OSes have compatibilitybuilt-in.)

The IPv6 is touted for its greater security, peer-to-peerpossibilities and almost unlimited supply of available addresses.Alex Lightman, chairman of Charmed Technology Inc. in Los Angeles-makers ofwearable Internet products-and the North American IPv6 GlobalSummit, says, "It's one of those things that peopledon't jump up and down about, but it changes the world like ZIPcodes or prefixes on phone numbers." Conceivably, Lightmansays, every square foot on the planet could receive its ownaddress.

Many large corporations are resisting changing their equipmentto work with IPv6 due to the cost. That's why Lightman saysentrepreneurs will be at the forefront of adopting this technologyand building new uses for it. For more information, visit www.usipv6.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

Buying / Investing in Business

Big Investors Are Betting on This 'Unlisted' Stock

You can join them as an early-stage investor as this company disrupts a $1.3T market.

Business News

Mark Zuckerberg 'Insisted' Executives Join Him For a MMA Training Session, According to Meta's Ex-President of Global Affairs

Nick Clegg, Meta's former president of global affairs, says in a new book that he once had to get on the mat with a coworker.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.