Card Space 3.0.0.0

  While I was looking through my Windows Event Viewer, I noticed an information entry for CardSpace 3.0.0.0..  It looks like it was somehow without my knowledge, added to my Control Panel as Windows Card Space.  When I click on it, all I get is an error message.  When I looked up Card Space on the Microsoft web site, it gave a description that I think was made for Windows Vista. 

  Is this program just Microsoft's attempt to create a program like the Norton Identify Safe logins program?