Industry leaders Google, PayPal, Equifax, VeriSign, Verizon, CA, and Booz Allen Hamilton today announced at the RSA Conference 2010 the formation of the Open Identity Exchange (OIX) , a non-profit organization dedicated to building trust in the exchange of online identity credentials across public and private sectors.
This will save you from creating different accounts in several websites. So, we need to remember all different usernames and passwords.
The U.S. Government Information and Credential Access Management Committee has approved the OIX as a Trust Framework Provider.
You can read this article to know about What is Trust Framework.
PayPal has posted below message it its blog post.
Google has posted about OIX as below in its blog post.
Verizon has stated as below about the formation of OIX.
FAQ section of the OIX site provides below details.
-The Open Identity Exchange (OIX) is a non-profit corporation serving as an independent, neutral provider of certification trust frameworks for open identity technologies.
-Google, PayPal, and Equifax are the first three OIX members to be certified for as identity providers at US ICAM LOA 1 (level of assurance 1). Verizon and VeriSign are currently in the certification process.
-Canada, the UK, and France (FC2 consortium) all have projects investigating the use of open identity technologies and trust frameworks.
-Trust communities can also be entirely private.
-OIX welcomes governments, professional associations, non-profit networks, and other communities who want to develop their own trust frameworks.
Current Executive members of OIX are listed below,
This idea of storing user name and password in a centralized place/database may be good idea. But it may increase the risk also, because compromising single password may affect all related websites.
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