CORE is a not-for-profit membership association of Internet domain name registrars and registries. Its purpose is to operate, on a cost-recovery basis, a shared registration system (SRS) for Internet domain names. CORE was created in 1997 based on the Generic Top-Level Domains Memorandum of Understanding (MoU) in order to launch new names spaces. CORE is highly skilled in the registrar business and in the Registries development. Since 1997, CORE has been active in the development of protocols and methodologies to facilitate access to domain registrations, including a multi-protocol Shared Registration System (SRS) and registration gateway.