The OpenID Foundation today announced that Google (Nasdaq:GOOG), IBM (NYSE: IBM), Microsoft Corp. (Nasdaq: MSFT), Verisign (Nasdaq:VRSN) and Yahoo! (Nasdaq: YHOO) have joined as its first corporate board members.
With these companies’ deep expertise in Internet and security technology, the OpenID Foundation strengthens the industrywide effort to empower users with portable Web identities, or OpenIDs. This effort helps ensure the evolution of an open and interoperable Internet that helps people take control of how their personal information is used online and helps online businesses attract and retain more users by simplifying and securing the management of digital identities.
The OpenID Foundation was formed in June 2007 to support and promote the technology developed by the OpenID community. Members include individuals, students, nonprofits, startups and industry giants that have come together to develop and promote open identity management on the Web.