Final answer:
The Open Mobile Alliance (OMA) is an organization that fosters open standards for mobile devices, promoting interoperability across devices and service providers, essential for expanding services like mobile banking.
Step-by-step explanation:
The organization devoted to advancing open standards for mobile devices is likely the Open Mobile Alliance (OMA) or a similar entity. Organizations like OMA promote open specifications for interoperable services that work across all geographical locations, different mobile devices, and service providers. Collaboration among telecom giants, such as Germany's Vodafone and Britain's Masbabi, and companies like Nokia, is crucial in expanding the mobile ecosystem which now serves as a platform for not just communication but also for services like banking, especially in peripheral nations. These efforts aid in fostering innovation and entrepreneurship by making technology more accessible to a broader population.
The organization devoted to advancing open standards for mobile devices is the Open Mobile Alliance (OMA). The OMA is a global consortium of mobile operators, device and software vendors, and internet companies that work together to develop and promote open and interoperable standards for mobile services.One example of an open standard developed by the OMA is WAP (Wireless Application Protocol), which allows mobile devices to access internet content and services. Another example is the OMA Device Management (DM) standard, which provides a framework for managing mobile devices and applications remotely.By promoting open standards, the OMA ensures that mobile devices from different manufacturers can work seamlessly together and that users have a wide range of compatible applications and services to choose from.