What is ICANN?
ICANN or the Internet Corporation for Assigned Names and Numbers is a non-profit organization that has the responsibility for Internet Protocol (IP) address space allocation, generic and country code Top-Level domain name system management and more.
The truth: Most of the domain name registration is done by registrars that are accredited by ICANN.
The job of ICANN is to coordinate the names and numbers that relate to internet addresses and not to register domain names. The exception however is .INT, which is used for intergovernmental agencies with international treaties.
2. ICANN monitors the internet for inappropriate content and other violations.
The truth: ICANN does not control/regulate the internet or stops spam. Its scope is only confined to ensuring security, stability and interoperability of the internet by crafting just policies and through the operation of domain name system.
3. ICANN helps companies or individual internet users with domain ownership or registration disputes.
The truth: ICANN does not get embroiled in disputes regarding domain ownership. Its job is confined only to policy level, in ensuring registries and registrars comply with stipulated policies.
4. ICANN accredits every company that sells or issues domain names.
The truth: ICANN accredits only those registrars and registries who contractually commit to service level and guarantee that are your right as an internet user.