Web services are used for a variety of applications, but the most common is for reusing code and connecting existing programs. The web service method can help developers segment applications into components that can be used and reused for various needs. For example, more than one program might need a conversion tool or a reporting function. This is possible due to web services’ universal communication protocols.

It is unwise to attempt to transfer a domain immediately before it expires. In some cases, a transfer can take up to 14 days, meaning that the transfer may not complete before the registration expires. This could result in loss of the domain name registration and failure of the transfer. To avoid this, end users should either transfer well before the expiration date, or renew the registration before attempting the transfer.[4]
Domain names can be used in a number of ways. Direct visitors to your website’s home page or use complementary domains to send them to specific areas of your website ( e.g. yourcompany.jobs for a careers page). Or, forward a custom domain to an existing social media account, like your Twitter profile or Periscope channel. With a domain name you can even set up custom email addresses like [email protected], which can be used to conduct business or communicate with your followers. More. 

A web service always hides the internal complexity of the service to its clients. For an example, an airliner which is selling tickets via a third party portal is only gathering end user info via a web service and in return it is providing ticket. The portal which is selling ticket doesn't have to bother about the internal complexity of the airlines ticket reservation systems.
^ Oya, Makoto (2008-09-02). "Autonomous Web Services Based on Dynamic Model Harmonization". In Oya, Makoto; Uda, Ryuya; Yasunobu, Chizuko (eds.). Towards Sustainable Society on Ubiquitous Networks: The 8th IFIP Conference on E-Business, E-Services, and E-Society (I3E 2008), September 24 – 26, 2008, Tokyo, Japan. IFIP Advances in Information and Communication Technology. 286. Springer Science & Business Media (published 2008). p. 139. ISBN 9780387856902. Retrieved 2015-08-19.
Synchronous or Asynchronous functionality- Synchronicity refers to the binding of the client to the execution of the service. In synchronous operations, the client will actually wait for the web service to complete an operation. An example of this is probably a scenario wherein a database read and write operation are being performed. If data is read from one database and subsequently written to another, then the operations have to be done in a sequential manner. Asynchronous operations allow a client to invoke a service and then execute other functions in parallel. This is one of the common and probably the most preferred techniques for ensuring that other services are not stopped when a particular operation is being carried out.

By definition, a domain name is simply a human readable form of an IP address. In function it is the destination that you type into a web browser in order to visit a website, such a www.google.com. Metaphorically, it is very similar to how you would scroll to a contact in your cell phone rather than manually dialing the person by entering their full phone number; the phone number would be an IP address and the saved contact would be a domain name. Always buy a domain with a reputable domain registrar.
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