diff --git a/Cargo.toml b/Cargo.toml
index b7d7f609cd..9cb1ec1246 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -32,3 +32,36 @@ resolver = "2"
 # See function names in profiling reports.
 # 2/true is too much, 0 is not enough, 1 is just right for back traces
 debug = 1
+
+[workspace.dependencies]
+async-std = "1.10"
+async-trait = "0.1"
+bytes = "1"
+env_logger = "0.10"
+futures-core = "0.3"
+futures-executor = "0.3"
+futures-util = "0.3"
+grpcio = "0.12"
+hyper = "0.14"
+http = "0.2"
+isahc = "1.4"
+log = "0.4"
+one_cell = "1.13"
+ordered-float = "4.0"
+pin-project = "0.2"
+pin-project-lite = "0.2"
+prost = "0.11"
+rand = "0.8"
+reqwest = "0.11"
+serde = "1.0"
+serde_json = "1.0"
+surf = "2.0"
+temp-env = "0.3.6"
+thiserror = "1"
+tonic = "0.9"
+tokio = "1"
+tokio-stream = "0.1.1"
+tracing = "0.1"
+tracing-core = "0.1"
+tracing-subscriber = "0.3"
+url = "2.2"
diff --git a/examples/logs-basic/Cargo.toml b/examples/logs-basic/Cargo.toml
index 292b3daed8..58f64e08ab 100644
--- a/examples/logs-basic/Cargo.toml
+++ b/examples/logs-basic/Cargo.toml
@@ -10,5 +10,5 @@ opentelemetry = { path = "../../opentelemetry", features = ["logs"] }
 opentelemetry_sdk = { path = "../../opentelemetry-sdk", features = ["logs"] }
 opentelemetry-stdout = { path = "../../opentelemetry-stdout", features = ["logs"]}
 opentelemetry-appender-log = { path = "../../opentelemetry-appender-log", default-features = false}
-log = {version = "0.4.17"}
-serde_json = {version = "1.0"}
\ No newline at end of file
+log = { workspace = true }
+serde_json = { workspace = true }
diff --git a/examples/metrics-advanced/Cargo.toml b/examples/metrics-advanced/Cargo.toml
index d8b64d00c5..a5a8a7c489 100644
--- a/examples/metrics-advanced/Cargo.toml
+++ b/examples/metrics-advanced/Cargo.toml
@@ -9,5 +9,5 @@ publish = false
 opentelemetry = { path = "../../opentelemetry", features = ["metrics"] }
 opentelemetry_sdk = { path = "../../opentelemetry-sdk", features = ["metrics", "rt-tokio"] }
 opentelemetry-stdout = { path = "../../opentelemetry-stdout", features = ["metrics"]}
-tokio = { version = "1.0", features = ["full"] }
-serde_json = {version = "1.0"}
\ No newline at end of file
+tokio = { workspace = true, features = ["full"] }
+serde_json = { workspace = true }
diff --git a/examples/metrics-basic/Cargo.toml b/examples/metrics-basic/Cargo.toml
index d505b8cbd5..37b79da140 100644
--- a/examples/metrics-basic/Cargo.toml
+++ b/examples/metrics-basic/Cargo.toml
@@ -9,8 +9,8 @@ publish = false
 opentelemetry = { path = "../../opentelemetry", features = ["metrics", "otel_unstable"] }
 opentelemetry_sdk = { path = "../../opentelemetry-sdk", features = ["metrics", "rt-tokio"] }
 opentelemetry-stdout = { path = "../../opentelemetry-stdout", features = ["metrics"]}
-tokio = { version = "1.0", features = ["full"] }
-serde_json = {version = "1.0"}
+tokio = { workspace = true, features = ["full"] }
+serde_json = { workspace = true }
 
 [features]
 default = ["otel_unstable"]
diff --git a/examples/tracing-grpc/Cargo.toml b/examples/tracing-grpc/Cargo.toml
index 6875b64db6..400a8f4e69 100644
--- a/examples/tracing-grpc/Cargo.toml
+++ b/examples/tracing-grpc/Cargo.toml
@@ -17,9 +17,9 @@ path = "src/client.rs"
 opentelemetry = { path = "../../opentelemetry" }
 opentelemetry_sdk = { path = "../../opentelemetry-sdk", features = ["rt-tokio"]}
 opentelemetry-stdout = { path = "../../opentelemetry-stdout", features = ["trace"] }
-prost = "0.11"
-tokio = { version = "1.28", features = ["full"] }
-tonic = "0.9.2"
+prost = { workspace = true }
+tokio = { workspace = true, features = ["full"] }
+tonic = { workspace = true }
 
 [build-dependencies]
 tonic-build = "0.9.2"
diff --git a/examples/tracing-http-propagator/Cargo.toml b/examples/tracing-http-propagator/Cargo.toml
index 3c369d1b04..0c019e14e9 100644
--- a/examples/tracing-http-propagator/Cargo.toml
+++ b/examples/tracing-http-propagator/Cargo.toml
@@ -16,10 +16,10 @@ path = "src/client.rs"
 doc = false
 
 [dependencies]
-hyper = { version = "0.14", features = ["full"] }
-tokio = { version = "1.0", features = ["full"] }
+hyper = { workspace = true, features = ["full"] }
+tokio = { workspace = true, features = ["full"] }
 opentelemetry = { path = "../../opentelemetry" }
 opentelemetry_sdk = { path = "../../opentelemetry-sdk" }
 opentelemetry-http = { path = "../../opentelemetry-http" }
 opentelemetry-stdout = { path = "../../opentelemetry-stdout", features = ["trace"] }
-opentelemetry-semantic-conventions = { path = "../../opentelemetry-semantic-conventions" }
\ No newline at end of file
+opentelemetry-semantic-conventions = { path = "../../opentelemetry-semantic-conventions" }
diff --git a/examples/tracing-jaeger/Cargo.toml b/examples/tracing-jaeger/Cargo.toml
index a346b5b8af..6257f0ebf0 100644
--- a/examples/tracing-jaeger/Cargo.toml
+++ b/examples/tracing-jaeger/Cargo.toml
@@ -9,4 +9,4 @@ publish = false
 opentelemetry = { path = "../../opentelemetry" }
 opentelemetry_sdk = { path = "../../opentelemetry-sdk", features = ["rt-tokio"] }
 opentelemetry-otlp = { path = "../../opentelemetry-otlp", features = ["tonic"] }
-tokio = { version = "1.0", features = ["full"] }
+tokio = { workspace = true, features = ["full"] }
diff --git a/opentelemetry-appender-log/Cargo.toml b/opentelemetry-appender-log/Cargo.toml
index 339b5bcc02..2719da5f10 100644
--- a/opentelemetry-appender-log/Cargo.toml
+++ b/opentelemetry-appender-log/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2021"
 
 [dependencies]
 opentelemetry = { version = "0.21", path = "../opentelemetry", features = ["logs"]}
-log = {version = "0.4.17", features = ["kv_unstable", "std"]}
+log = { workspace = true, features = ["kv_unstable", "std"]}
 
 [features]
 logs_level_enabled = ["opentelemetry/logs_level_enabled"]
@@ -20,4 +20,4 @@ default = ["logs_level_enabled"]
 
 [dev-dependencies]
 opentelemetry_sdk = { path = "../opentelemetry-sdk", features = [ "testing", "logs_level_enabled" ] }
-tokio = "1.32.0"
+tokio = { workspace = true }
diff --git a/opentelemetry-appender-tracing/Cargo.toml b/opentelemetry-appender-tracing/Cargo.toml
index fa3d45819e..b6b7cbee9a 100644
--- a/opentelemetry-appender-tracing/Cargo.toml
+++ b/opentelemetry-appender-tracing/Cargo.toml
@@ -11,17 +11,17 @@ license = "Apache-2.0"
 rust-version = "1.65"
 
 [dependencies]
-log = { version = "0.4", optional = true }
+log = { workspace = true, optional = true }
 opentelemetry = { version = "0.21", path = "../opentelemetry", features = ["logs"] }
 opentelemetry_sdk = { version = "0.21", path = "../opentelemetry-sdk", features = ["logs"] }
-tracing = {version = "0.1", default-features = false, features = ["std"]}
-tracing-core = "0.1"
+tracing = { workspace = true, default-features = false, features = ["std"]}
+tracing-core = { workspace = true }
 tracing-log = { version = "0.2", optional = true }
-tracing-subscriber = { version = "0.3", default-features = false, features = ["registry", "std"] }
+tracing-subscriber = { workspace = true, default-features = false, features = ["registry", "std"] }
 once_cell = "1.13.0"
 
 [dev-dependencies]
-log = "0.4"
+log = { workspace = true }
 opentelemetry-stdout = { path = "../opentelemetry-stdout", features = ["logs"] }
 opentelemetry_sdk = { path = "../opentelemetry-sdk", features = ["logs", "testing"]  }
 tracing-log = "0.2"
diff --git a/opentelemetry-http/Cargo.toml b/opentelemetry-http/Cargo.toml
index e669456669..f9b8ee96c9 100644
--- a/opentelemetry-http/Cargo.toml
+++ b/opentelemetry-http/Cargo.toml
@@ -10,12 +10,12 @@ edition = "2021"
 rust-version = "1.65"
 
 [dependencies]
-async-trait = "0.1"
-bytes = "1"
-http = "0.2"
-hyper = { version = "0.14", default-features = false, features = ["http2", "client", "tcp"], optional = true }
-isahc = { version = "1.4", default-features = false, optional = true }
+async-trait = { workspace = true }
+bytes = { workspace = true }
+http = { workspace = true }
+hyper = { workspace = true, default-features = false, features = ["http2", "client", "tcp"], optional = true }
+isahc = { workspace = true, default-features = false, optional = true }
 opentelemetry = { version = "0.21", path = "../opentelemetry", features = ["trace"] }
-reqwest = { version = "0.11", default-features = false, features = ["blocking"], optional = true }
-surf = { version = "2.0", default-features = false, optional = true }
-tokio = { version = "1.0", default-features = false, features = ["time"], optional = true }
+reqwest = { workspace = true, default-features = false, features = ["blocking"], optional = true }
+surf = { workspace = true, default-features = false, optional = true }
+tokio = { workspace = true, default-features = false, features = ["time"], optional = true }
diff --git a/opentelemetry-jaeger/Cargo.toml b/opentelemetry-jaeger/Cargo.toml
index 0cc3aac4db..805cf9df6c 100644
--- a/opentelemetry-jaeger/Cargo.toml
+++ b/opentelemetry-jaeger/Cargo.toml
@@ -20,40 +20,40 @@ all-features = true
 rustdoc-args = ["--cfg", "docsrs"]
 
 [dependencies]
-async-std = { version = "1.10.0", optional = true }
-async-trait = "0.1"
+async-std = { workspace = true, optional = true }
+async-trait = { workspace = true }
 base64 = { version = "0.21.0", optional = true }
 headers = { version = "0.3.2", optional = true }
-http = { version = "0.2", optional = true }
-hyper = { version = "0.14", default-features = false, features = ["client"], optional = true }
+http = { workspace = true, optional = true }
+hyper = { workspace = true, default-features = false, features = ["client"], optional = true }
 hyper-tls = { version = "0.5.0", default-features = false, optional = true }
-isahc = { version = "1.4", default-features = false, optional = true }
+isahc = { workspace = true, default-features = false, optional = true }
 js-sys = { version = "0.3", optional = true }
 opentelemetry = { version = "0.21", default-features = false, features = ["trace"], path = "../opentelemetry" }
 opentelemetry_sdk = { version = "0.21", default-features = false, features = ["trace"], path = "../opentelemetry-sdk" }
 opentelemetry-http = { version = "0.10", path = "../opentelemetry-http", optional = true }
 opentelemetry-semantic-conventions = { version = "0.13", path = "../opentelemetry-semantic-conventions" }
-pin-project-lite = { version = "0.2", optional = true }
-reqwest = { version = "0.11", default-features = false, optional = true }
-surf = { version = "2.0", optional = true }
+pin-project-lite = { workspace = true, optional = true }
+reqwest = { workspace = true, default-features = false, optional = true }
+surf = { workspace = true, optional = true }
 thrift = "0.17.0"
-tokio = { version = "1.0", features = ["net", "sync"], optional = true }
+tokio = { workspace = true, features = ["net", "sync"], optional = true }
 wasm-bindgen = { version = "0.2", optional = true }
 wasm-bindgen-futures = { version = "0.4.18", optional = true }
 
-tonic = { version = "0.9.0", optional = true }
+tonic = { workspace = true, optional = true }
 prost = { version = "0.11.6", optional = true }
 prost-types = { version = "0.11.6", optional = true }
 
 # Futures
-futures-executor = { version = "0.3", default-features = false, features = ["std"], optional = true }
-futures-core = "0.3"
-futures-util = { version = "0.3", default-features = false, features = ["std", "alloc"]}
+futures-executor = { workspace = true, default-features = false, features = ["std"], optional = true }
+futures-core = { workspace = true }
+futures-util = { workspace = true, default-features = false, features = ["std", "alloc"]}
 
 [dev-dependencies]
-tokio = { version = "1.0", features = ["net", "sync"] }
-bytes = "1"
-futures-executor = "0.3"
+tokio = { workspace = true, features = ["net", "sync"] }
+bytes = { workspace = true }
+futures-executor = { workspace = true }
 opentelemetry_sdk = { features = ["trace", "testing", "rt-tokio"], path = "../opentelemetry-sdk" }
 
 [dependencies.web-sys]
diff --git a/opentelemetry-jaeger/examples/remote-sampler/Cargo.toml b/opentelemetry-jaeger/examples/remote-sampler/Cargo.toml
index 10b438710a..170fca5f3d 100644
--- a/opentelemetry-jaeger/examples/remote-sampler/Cargo.toml
+++ b/opentelemetry-jaeger/examples/remote-sampler/Cargo.toml
@@ -8,5 +8,5 @@ edition = "2021"
 opentelemetry = { path = "../../../opentelemetry" }
 opentelemetry_sdk = { path = "../../../opentelemetry-sdk", features = ["rt-tokio", "jaeger_remote_sampler"] }
 opentelemetry-stdout = { path = "../../../opentelemetry-stdout", features = ["trace"] }
-reqwest = "0.11.10"
-tokio = { version = "1.18", features = ["macros", "rt-multi-thread"] }
+reqwest = { workspace = true }
+tokio = { workspace = true, features = ["macros", "rt-multi-thread"] }
diff --git a/opentelemetry-otlp/Cargo.toml b/opentelemetry-otlp/Cargo.toml
index 8ef2a54f28..375a6e3cc1 100644
--- a/opentelemetry-otlp/Cargo.toml
+++ b/opentelemetry-otlp/Cargo.toml
@@ -26,33 +26,33 @@ all-features = true
 rustdoc-args = ["--cfg", "docsrs"]
 
 [dependencies]
-async-trait = "0.1"
-futures-core = "0.3"
-grpcio = { version = "0.12", optional = true }
+async-trait = { workspace = true }
+futures-core = { workspace = true }
+grpcio = { workspace = true, optional = true }
 opentelemetry = { version = "0.21", default-features = false, path = "../opentelemetry" }
 opentelemetry_sdk = { version = "0.21", default-features = false, path = "../opentelemetry-sdk" }
 opentelemetry-http = { version = "0.10", path = "../opentelemetry-http", optional = true }
 opentelemetry-proto = { version = "0.4", path = "../opentelemetry-proto", default-features = false }
 opentelemetry-semantic-conventions = { version = "0.13", path = "../opentelemetry-semantic-conventions" }
 
-prost = { version = "0.11.0", optional = true }
-tonic = { version = "0.9.0", optional = true }
-tokio = { version = "1.0", features = ["sync", "rt"], optional = true }
+prost = { workspace = true, optional = true }
+tonic = { workspace = true, optional = true }
+tokio = { workspace = true, features = ["sync", "rt"], optional = true }
 
-reqwest = { version = "0.11", optional = true, default-features = false }
-surf = { version = "2.0", optional = true, default-features = false }
-http = { version = "0.2", optional = true }
-serde = { version = "1.0", features = ["derive"], optional = true }
-thiserror = "1.0"
+reqwest = { workspace = true, optional = true, default-features = false }
+surf = { workspace = true, optional = true, default-features = false }
+http = { workspace = true, optional = true }
+serde = { workspace = true, features = ["derive"], optional = true }
+thiserror = { workspace = true }
 
 [dev-dependencies]
-tokio-stream = { version = "0.1", features = ["net"] }
+tokio-stream = { workspace = true, features = ["net"] }
 # need tokio runtime to run smoke tests.
 opentelemetry_sdk = { features = ["trace", "rt-tokio", "testing"], path = "../opentelemetry-sdk" }
 time = { version = "0.3", features = ["macros"] }
-tokio = { version = "1.0", features = ["macros", "rt-multi-thread"] }
-futures-util = { version = "0.3", default-features = false }
-temp-env = "0.3.6"
+tokio = { workspace = true, features = ["macros", "rt-multi-thread"] }
+futures-util = { workspace = true, default-features = false }
+temp-env = { workspace = true }
 
 [features]
 # telemetry pillars and functions
diff --git a/opentelemetry-otlp/examples/basic-otlp-http/Cargo.toml b/opentelemetry-otlp/examples/basic-otlp-http/Cargo.toml
index 50f84549b3..2a8a6731df 100644
--- a/opentelemetry-otlp/examples/basic-otlp-http/Cargo.toml
+++ b/opentelemetry-otlp/examples/basic-otlp-http/Cargo.toml
@@ -13,7 +13,7 @@ opentelemetry-otlp = { path = "../..", features = ["http-proto", "reqwest-client
 opentelemetry-appender-tracing = { path = "../../../opentelemetry-appender-tracing", default-features = false}
 opentelemetry-semantic-conventions = { path = "../../../opentelemetry-semantic-conventions" }
 
-tokio = { version = "1.0", features = ["full"] }
-tracing-subscriber = { version = "0.3.0", default-features = false, features = ["registry", "std"] }
-tracing = { version = "0.1.37", default-features = false, features = ["std"] }
-tracing-core = "0.1.31"
+tokio = { workspace = true, features = ["full"] }
+tracing-subscriber = { workspace = true, default-features = false, features = ["registry", "std"] }
+tracing = { workspace = true, default-features = false, features = ["std"] }
+tracing-core = { workspace = true }
diff --git a/opentelemetry-otlp/examples/basic-otlp/Cargo.toml b/opentelemetry-otlp/examples/basic-otlp/Cargo.toml
index e215628005..c89e24749e 100644
--- a/opentelemetry-otlp/examples/basic-otlp/Cargo.toml
+++ b/opentelemetry-otlp/examples/basic-otlp/Cargo.toml
@@ -13,4 +13,4 @@ opentelemetry-otlp = { path = "../../../opentelemetry-otlp", features = ["tonic"
 opentelemetry-semantic-conventions = { path = "../../../opentelemetry-semantic-conventions" }
 tokio = { version = "1.0", features = ["full"] }
 opentelemetry-appender-log = { path = "../../../opentelemetry-appender-log", default-features = false}
-log = {version = "0.4.17"}
\ No newline at end of file
+log = { workspace = true }
diff --git a/opentelemetry-otlp/examples/external-otlp-grpcio-async-std/Cargo.toml b/opentelemetry-otlp/examples/external-otlp-grpcio-async-std/Cargo.toml
index d16bf6f04f..3483884a51 100644
--- a/opentelemetry-otlp/examples/external-otlp-grpcio-async-std/Cargo.toml
+++ b/opentelemetry-otlp/examples/external-otlp-grpcio-async-std/Cargo.toml
@@ -7,7 +7,7 @@ publish = false
 
 [dependencies]
 async-std = { version = "= 1.10.0", features = ["attributes"] }
-env_logger = "0.10.0"
+env_logger = { workspace = true }
 opentelemetry = { path = "../../../opentelemetry" }
 opentelemetry_sdk = { path = "../../../opentelemetry-sdk", features = ["rt-async-std"] }
 opentelemetry-otlp = { path = "../../../opentelemetry-otlp", features = [
@@ -15,4 +15,4 @@ opentelemetry-otlp = { path = "../../../opentelemetry-otlp", features = [
     "trace",
     "openssl-vendored"
 ], default-features = false }
-url = "2.2.0"
+url = { workspace = true }
diff --git a/opentelemetry-prometheus/Cargo.toml b/opentelemetry-prometheus/Cargo.toml
index 260b306cc8..6b108bfe5d 100644
--- a/opentelemetry-prometheus/Cargo.toml
+++ b/opentelemetry-prometheus/Cargo.toml
@@ -28,8 +28,8 @@ protobuf = "2.14"
 
 [dev-dependencies]
 opentelemetry-semantic-conventions = { path = "../opentelemetry-semantic-conventions" }
-hyper = { version = "0.14", features = ["full"] }
-tokio = { version = "1", features = ["full"] }
+hyper = { workspace = true, features = ["full"] }
+tokio = { workspace = true, features = ["full"] }
 
 [features]
 prometheus-encoding = []
diff --git a/opentelemetry-proto/Cargo.toml b/opentelemetry-proto/Cargo.toml
index cb87d6177e..d9192982ce 100644
--- a/opentelemetry-proto/Cargo.toml
+++ b/opentelemetry-proto/Cargo.toml
@@ -45,13 +45,13 @@ with-schemars = ["schemars"]
 with-serde = ["serde"]
 
 [dependencies]
-grpcio = { version = "0.12", optional = true, features = ["prost-codec"] }
-tonic = { version = "0.9.0", default-features = false, optional = true, features = ["codegen", "prost"] }
-prost = { version = "0.11.0", optional = true }
+grpcio = { workspace = true, optional = true, features = ["prost-codec"] }
+tonic = { workspace = true, default-features = false, optional = true, features = ["codegen", "prost"] }
+prost = { workspace = true, optional = true }
 opentelemetry = { version = "0.21", default-features = false, path = "../opentelemetry" }
 opentelemetry_sdk = { version = "0.21", default-features = false, path = "../opentelemetry-sdk" }
 schemars = { version = "0.8", optional = true }
-serde = { version = "1.0", optional = true, features = ["serde_derive"] }
+serde = { workspace = true, optional = true, features = ["serde_derive"] }
 
 [dev-dependencies]
 grpcio-compiler = { version = "0.12.1", default-features = false, features = ["prost-codec"] }
diff --git a/opentelemetry-sdk/Cargo.toml b/opentelemetry-sdk/Cargo.toml
index ddc2baf851..cb968c8df0 100644
--- a/opentelemetry-sdk/Cargo.toml
+++ b/opentelemetry-sdk/Cargo.toml
@@ -12,24 +12,24 @@ rust-version = "1.65"
 [dependencies]
 opentelemetry = { version = "0.21", path = "../opentelemetry/" }
 opentelemetry-http = { version = "0.10", path = "../opentelemetry-http", optional = true }
-async-std = { version = "1.6", features = ["unstable"], optional = true }
-async-trait = { version = "0.1", optional = true }
+async-std = { workspace = true, features = ["unstable"], optional = true }
+async-trait = { workspace = true, optional = true }
 crossbeam-channel = { version = "0.5", optional = true }
 futures-channel = "0.3"
-futures-executor = "0.3"
-futures-util = { version = "0.3.17", default-features = false, features = ["std", "sink", "async-await-macro"] }
+futures-executor = { workspace = true }
+futures-util = { workspace = true, default-features = false, features = ["std", "sink", "async-await-macro"] }
 once_cell = "1.10"
-ordered-float = "4.0"
+ordered-float = { workspace = true }
 percent-encoding = { version = "2.0", optional = true }
-rand = { version = "0.8", default-features = false, features = ["std", "std_rng","small_rng"], optional = true }
-glob = {version = "0.3.1", optional =true}
-serde = { version = "1.0", features = ["derive", "rc"], optional = true }
-serde_json = { version = "1", optional = true }
-thiserror = "1"
-url = { version = "2.2", optional = true }
-tokio = { version = "1.0", default-features = false, features = ["rt", "time"], optional = true }
-tokio-stream = { version = "0.1.1", optional = true }
-http = { version = "0.2", optional = true }
+rand = { workspace = true, default-features = false, features = ["std", "std_rng","small_rng"], optional = true }
+glob = { version = "0.3.1", optional =true}
+serde = { workspace = true, features = ["derive", "rc"], optional = true }
+serde_json = { workspace = true, optional = true }
+thiserror = { workspace = true }
+url = { workspace = true, optional = true }
+tokio = { workspace = true, default-features = false, features = ["rt", "time"], optional = true }
+tokio-stream = { workspace = true, optional = true }
+http = { workspace = true, optional = true }
 
 [package.metadata.docs.rs]
 all-features = true
@@ -38,7 +38,7 @@ rustdoc-args = ["--cfg", "docsrs"]
 [dev-dependencies]
 indexmap = "2.0"
 criterion = { version = "0.5", features = ["html_reports"] }
-temp-env = "0.3.6"
+temp-env = { workspace = true }
 
 [target.'cfg(not(target_os = "windows"))'.dev-dependencies]
 pprof = { version = "0.13", features = ["flamegraph", "criterion"] }
diff --git a/opentelemetry-stdout/Cargo.toml b/opentelemetry-stdout/Cargo.toml
index 35ab1f5e2f..c3e9a25198 100644
--- a/opentelemetry-stdout/Cargo.toml
+++ b/opentelemetry-stdout/Cargo.toml
@@ -21,17 +21,17 @@ metrics = ["async-trait", "opentelemetry/metrics", "opentelemetry_sdk/metrics"]
 logs = ["opentelemetry/logs", "opentelemetry_sdk/logs", "async-trait", "thiserror"]
 
 [dependencies]
-async-trait = { version = "0.1", optional = true }
+async-trait = { workspace = true, optional = true }
 chrono = { version = "0.4.22", default-features = false, features = ["clock"] }
-thiserror = { version = "1", optional = true }
-futures-util = { version = "0.3", optional = true, default-features = false }
+thiserror = { workspace = true, optional = true }
+futures-util = { workspace = true, optional = true, default-features = false }
 opentelemetry = { version = "0.21", path = "../opentelemetry", default_features = false }
 opentelemetry_sdk = { version = "0.21", path = "../opentelemetry-sdk", default_features = false }
-serde = { version = "1.0", features = ["derive"] }
-serde_json = "1.0"
-ordered-float = "4.0"
+serde = { workspace = true, features = ["derive"] }
+serde_json = { workspace = true }
+ordered-float = { workspace = true }
 
 [dev-dependencies]
 opentelemetry = { path = "../opentelemetry", features = ["metrics"] }
 opentelemetry_sdk = { path = "../opentelemetry-sdk", features = ["rt-tokio", "metrics"] }
-tokio = { version = "1.27", features = ["full"] }
+tokio = { workspace = true, features = ["full"] }
diff --git a/opentelemetry-zipkin/Cargo.toml b/opentelemetry-zipkin/Cargo.toml
index 34fc2a24ec..d87a84b089 100644
--- a/opentelemetry-zipkin/Cargo.toml
+++ b/opentelemetry-zipkin/Cargo.toml
@@ -27,24 +27,24 @@ reqwest-rustls = ["reqwest", "reqwest/rustls-tls-native-roots"]
 surf-client = ["surf", "opentelemetry-http/surf"]
 
 [dependencies]
-async-trait = "0.1"
+async-trait = { workspace = true }
 opentelemetry = { version = "0.21", path = "../opentelemetry" }
 opentelemetry_sdk = { version = "0.21", path = "../opentelemetry-sdk", features = ["trace"] }
 opentelemetry-http = { version = "0.10", path = "../opentelemetry-http" }
 opentelemetry-semantic-conventions = { version = "0.13", path = "../opentelemetry-semantic-conventions" }
-serde_json = "1.0"
-serde = { version = "1.0", features = ["derive"] }
+serde_json = { workspace = true }
+serde = { workspace = true, features = ["derive"] }
 typed-builder = "0.12"
 once_cell = "1.12"
-http = "0.2"
-reqwest = { version = "0.11", optional = true, default-features = false }
-surf = { version = "2.0", optional = true, default-features = false }
-thiserror = { version = "1.0"}
-futures-core = "0.3"
+http = { workspace = true }
+reqwest = { workspace = true, optional = true, default-features = false }
+surf = { workspace = true, optional = true, default-features = false }
+thiserror = { workspace = true }
+futures-core = { workspace = true }
 
 [dev-dependencies]
-bytes = "1"
-futures-util = { version = "0.3", features = ["io"] }
-hyper = "0.14"
+bytes = { workspace = true }
+futures-util = { workspace = true, features = ["io"] }
+hyper = { workspace = true }
 opentelemetry_sdk = { default-features = false, features = ["trace", "testing"], path = "../opentelemetry-sdk" }
-temp-env = "0.3.6"
+temp-env = { workspace = true }
diff --git a/opentelemetry/Cargo.toml b/opentelemetry/Cargo.toml
index 2c6726db4c..388cc24cce 100644
--- a/opentelemetry/Cargo.toml
+++ b/opentelemetry/Cargo.toml
@@ -21,11 +21,11 @@ all-features = true
 rustdoc-args = ["--cfg", "docsrs"]
 
 [dependencies]
-futures-core = "0.3"
+futures-core = { workspace = true }
 futures-sink = "0.3"
-once_cell = "1.12.0"
-pin-project-lite = { version = "0.2", optional = true }
-thiserror = "1.0.7"
+once_cell = "1.13.0"
+pin-project-lite = { workspace = true, optional = true }
+thiserror = { workspace = true }
 urlencoding = "2.1.2"
 
 [target.'cfg(all(target_arch = "wasm32", not(target_os = "wasi")))'.dependencies]
diff --git a/stress/Cargo.toml b/stress/Cargo.toml
index b3b6211b04..bd9c2911cd 100644
--- a/stress/Cargo.toml
+++ b/stress/Cargo.toml
@@ -28,7 +28,7 @@ opentelemetry_sdk = { path = "../opentelemetry-sdk", features = ["metrics", "log
 opentelemetry-appender-tracing = { path = "../opentelemetry-appender-tracing"}
 opentelemetry-stdout = { path = "../opentelemetry-stdout", features = ["logs"]}
 rand = { version = "0.8.4", features = ["small_rng"] }
-tracing = {version = "0.1.37", default-features = false, features = ["std"]}
-tracing-core = "0.1.31"
-tracing-subscriber = { version = "0.3.0", default-features = false, features = ["registry", "std"] }
+tracing = { workspace = true, default-features = false, features = ["std"]}
+tracing-core = { workspace = true }
+tracing-subscriber = { workspace = true, default-features = false, features = ["registry", "std"] }
 num-format = "0.4.4"