OuterJoin is big believer of OpenId and perhaps understandably, given our Yodlee background. The OpenID Foundation formed in June 2007 has a good early start- as of July 2007, over 120 million OpenIDs on the Internet and approximately 4,500 sites OpenID integration was reported. Membership has cut across the industry- individuals, students, non-profits, startups and industry giants.

A brief definition- OpenID is free technology that simplifies the online user experience by eliminating the need for multiple user names across Internet sites, enabling individuals to take more control and ownership of their digital identities. This user-centric digital identity technology helps users reduce the pain of managing dozens, even hundreds of usernames and passwords, and provides more control over what personal information they share with Websites when they sign-in using an OpenID.

I also see, OpenID concept promoting the decentralized, free and open standard in terms of personal information. The latest update I found was more than 10,000 Websites support OpenID log-ins, and an estimated 350 million OpenID enabled URLs currently exist. February 7, 2008 was historic day for OpenID as Google, IBM, Microsoft, VeriSign and Yahoo! joined as first corporate board members. Also adding credibility is the news that integrated OpenID support has been made a high priority in Firefox 3 and OpenID can be used with Windows CardSpace.

By end of 2008, I think much like the Jabber Foundation and Mozilla, OpenID will also see acceptance internationally and hopefully ecommerce websites will also enter mainstream in terms of adoption, though concerns on phishing attacks and user identity theft will continue to persist.