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The Latin American and Caribbean Internet Addresses Registry (LACNIC) is of the five regional RIRs that allocate and administer IP Addresses. LACNIC's central aim is to manage Internet number resources, including IPv4, IPv6, and ASN. The organization's has approximately 3,000 members spread across 18 countries.
LACNIC is the RIR (Regional Internet Registry) responsible for the allocation of Internet number resources throughout the Latin American and Caribbean region. It is a non-profit organization like the other RIRs and its members must comply with its membership requirements. The main members of LACNIC are ISPs and other Internet related organizations.
The agreement for founding LACNIC was signed on August 22nd, 1999 during an ICANN meeting. At that time, ARIN was in charge of the Latin America and Caribbean region. Thus, LACNIC developed a business plan and sent it to ARIN; a transition was necessary to enable LACNIC to become the fourth RIR at that time, in addition to APNIC, ARIN, and RIPE NCC. AfriNIC was founded later.