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What is the importance of the Web services standards?

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What is the importance of the Web services standards?

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Web services standards ratified by organization such as OASIS and the IETF are critical for the long term adoption of Web services. The basic building blocks of Web services, XML, SOAP, WSDL and UDDI allow applications to be built from loosely coupled services. Without further standards describing security, reliability, transaction support and other advanced capabilities, Web services will fail to deliver the real promise of a service oriented architecture. To this end, standards like: WS-Security, WS-Federation, WS-Trust, WS-Reliability, WS-Transactions, WS-Correlation, WS-DistributedManagement and many others are fundamental to the success of Web services.

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