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MarkRoberts
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Microsoft to Enable Protection of Decentralized Virtual Identities Using Bitcoin

Mon Jul 19, 2021 1:29 pm

Michael Saylor, the MicroStrategy CEO, shared a Microsoft article on how the global IT giant is developing a project to assist ordinary people in securing their digital identities using Bitcoin.

Microsoft is helping to fund the ION project, which aims to create Decentralized Identifiers (DIDs). These identifiers would serve as anchor points for all of a person’s online actions.

Decentralized identity is a trust framework in which self-owned, independent identities, such as usernames, may be substituted with data exchange utilizing blockchain and distributed ledger technologies to preserve privacy and secure transactions.

https://mycryptoparadise.com/microsoft-to-enable-ownership-and-protection-of-decentralized-virtual-identities-using-bitcoin/

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