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Microsoft’s New Project Ventures into Bitcoin’s Blockchain


It’s almost an obsession at this point that Microsoft has with new technologies and blockchain is no exception. Just days after Microsoft announced its Azure Blockchain Service, it has moved onto yet another new project.

Yes, it seems that Bill Gate’s giant company has revealed that it is creating a decentralised identity network (DID) which is being done thanks to the Bitcoin blockchain. This is known as the most trustworthy blockchain in the ecosystem.

Through the Blockchain based DID, Microsoft is willing to let go of its software users login details. The new system running on Bitcoin’s parent blockchain will give users of Microsoft the ability to control their identity to use independent of any company as the user sees fit.

Blockchain-based DID

A lot of blockchain enthusiasts have been waiting for the creation of a blockchain-based digital identity and so this innovation could see internet users own a portable credential wallet that will help them connect to all digital…



Read Full Story : Crypto Daily™

2019-05-16 13:30:00

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