How to create a Windows CardSpace shortcut for Windows 7

Windows CardSpace is an application by which relationships with online services and websites can be created. There are various functionalities that Windows CardSpace provides to its users. Some of them are mentioned below: -
1. Allows websites to request information from the users.
2. Allow users to view the identity of a website.
3. Allow users to manage their information by using the Information Cards utility.
4. Allow users to review their card information before sending it.

Windows CardSpace can itself change the passwords and usernames that a user uses to log on or register with online services and websites.