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Open Identity Exchange Launches



Doug Caverly
Staff Writer
2010-03-03

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Online identity theft might become less of a problem in the future thanks to the efforts of Google, PayPal, Equifax, VeriSign, Verizon, CA, and Booz Allen Hamilton. Today, these organizations announced the formation of the Open Identity Exchange (OIX).

OIX is a nonprofit entity meant to make exchanging online identity credentials a more secure process. It's gotten off to a good start, too, having already been approved as a trust framework provider by the U.S. government.

This means that OIX solutions should at some point allow American citizens to access all sorts of vital information on the Web. Drummond Reed, Acting Executive Director of OIX, explained in a statement, "As we roll out progressively stronger levels of certification, this will empower U.S. citizens to access and manage their tax records, Social Security records, veteran's benefits, and many other government services online."

Also, "OIX is currently working on development of trust frameworks for public media, telecommunications, library services . . . and professional associations."

You may not have to wait long to see these possibilities brought to (figurative) life. In addition to being backed by so many important partners, OIX has received grants from the OpenID Foundation and Information Card Foundation, meaning it's probably in good financial shape.



About the Author:
Doug is a staff writer for SecurityProNews, InternetFinancialNews, SearchNewz, and WebProNews.

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