Big Blue Creates XML Standard

Today, IBM released its own XML specifications to Oasis, the nonprofit organization dealing with creating an XML standard. The specification that IBM has provided deals with business-to-business contracts that can be drawn up and executed over the Internet. Dubbed the Trading Partner Agreement Markup Language, IBM hopes that Oasis will make it a standard for all businesses. Composed of various corporations including Sun Microsystems, Oracle, and Microsoft, who released its own set of XML specifications entitled BizTalk earlier this month, Oasis hopes to have a complete set of standards for XML by 2001.