What is LISP (Locator Identifier Separation Protocol)?

Locator/ID Separation Protocol (LISP) gives new semantics for IP addressing, to rearrange routing operations and further develop versatility. The Locator/ID Separation Protocol parts current IP addresses overlapping semantics of identity and location into two different namespaces. The advantages of utilizing LISP are: multihoming, adaptability of the routing system, upgrading the IP routing for both IPv4 and IPv6, high scale VPN support and so forth. LISP is utilized with IPv4 or IPv6, it can likewise be utilized with different sorts of addressing for RLOC or EID addresses. LISP protocol upholds IPv4 and IPv6 as address families, in spite of the fact that it is sufficiently adaptable to help the other address families, for example, MAC addresses.