Can we create State Machines out of Microservices?

As we know that each Microservice owning its own database is an independently deployable program unit, this, in turn, lets us create a State Machine out of it. So, we can specify different states and events for a particular microservice.

For Example, we can define an Order microservice. An Order can have different states. The transitions of Order states can be independent events in the Order microservice.