Microsoft To Implement Blockchain-Based ID System

in bitcoin •  7 years ago 

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Microsoft plans to integrate Blockchain-based decentralized ID into its Microsoft Authenticator application, Microsoft's company announced in a post on Monday, February 13.

Microsoftt wants to provide a new model of digital identity that will not be controlled by centralized institutions and will ensure the storage of personal data, allowing individuals to have full control over "all digital elements of identity."

Microsoft reported that they decided Blockchain technology and protocols were "appropriate" for the task, stating: "Some public blockers (Bitcoin [BTC], Etereum, Litecoin) provide a solid foundation for rooting DID, recording of DPKI operations, and endorsing endorsements.

Going forward, Microsoft plans to. For key authentication and cryptographic keys. The app launched in August 2016 is used by millions of people, according to the company. In October, 2017, Cointelegraph plans globally to consider implementing a block management system to mengintrol data from government or companies to individual citizens.

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