Microsoft is making a breakthrough with its year-long effort to bring major infrastructure change to how internet users’ identities are stored and verified. The tech giant announced on Monday that it is test running its decentralized identifier (DID) network running atop the Bitcoin blockchain. The decentralized identifier network, dabbed ION (Identity Overlay Network), is based …
Source: www.theblockcrypto.com
Microsoft is launching the first decentralized identity (DID) network on top of the bitcoin blockchain. The open source project, called Ion, deals with the underlying mechanics of how networks talk to each other. The infrastructure, atop the bitcoin blockchain, is based on an emerging set of open standards developed with partners in the Decentralized Identity Foundation.
