OASIS' (Organisation for the Advancement of Structured Information Standards) membership has approved of the DSML (Directory Services Markup Language) v2 as well as ebXML (e-business XML) Registery Service v2 and ebXML Registry Information Model v2.
The two ebXML specifications allow for information to be shared between interested parties through common registries. The ebXML standard is intended to boost e-business through use of a global standard for data exchange
DSMLv2 purports to extend the reach of directories into the realm of Web services, according to OASIS. DSML provides a means of representing directory information in XML.