According to OASIS (Organization for the Advancement of Structured Information Standards), “KMIP enables communication between key management systems and cryptographically-enabled applications, including email, databases, and storage devices.”
KMIP simplifies the way companies manage cryptographic keys, eliminating the need for redundant, incompatible key management processes. Key lifecycle management — including the generation, submission, retrieval, and deletion of cryptographic keys — is enabled by the standard. Designed for use by both legacy and new cryptographic applications, KMIP supports many kinds of cryptographic objects, including symmetric keys, asymmetric keys, digital certificates, and authentication tokens.
KMIP was developed by OASIS (Organization for the Advancement of Structured Information Standards), a global nonprofit consortium that works on the development, convergence, and adoption of standards for security, Internet of Things, energy, content technologies, emergency management, and other areas.