For people who are unfamiliar with how the internet and computing works, the term “IP address” is just more jargon but for tech users who are well attuned to the world of information technology, the IP address is one of the most important parts of being on the Internet. Think of it this way: Your IP address is your virtual home on the web, and just like your physical address, it lets others know where you are, no matter where you may roam.