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I'm not sure how "OpenID Standards" equates to "Open Standards" but it's a good play on words! Cause it is being developed in an open community..if you want to you can join the mailing list. Further more it is architeched so that any one with a URL can set up an identity broker and authenticate against it...that is you with your basement server
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So, The point is that you have control of who you share your information to. It also helps get away from being forced to use your e-mail to login to sites...that gives them a way to e-mail you. With OpenID you use a URL or an i-name and so it gives you more control.
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I am one of the leaders of the Identity Gang. Yahoo, and Google are very much a part of the dialogues going on in the community on list, in the blogosphere and face to face at the Internet Identity Workshops. I am not sure that wiki list of everyone is totally up to date.