Global firms announced the initiation of the development of international decentralized identities for people worldwide and machines from all manufacturers in every country around the world to be able to communicate, monetize and interact with each other. — Researchers and scientists from Lockheed Martin, Ericsson, Lenovo, Huawei, Bosch, IoTeX, and China Academy of Information and Communications Technology have created the IEEE P2958 Identity of Things Working Group to develop the global blockchain identity standards, said Dr. Xinxin Fan, chair of the group.