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Microsoft ID System Launches Beta on Bitcoin Community

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The decentralized id network the tech broad announced in Would possibly possibly well simply has now launched in beta on the Bitcoin blockchain.

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Microsoft ID System Launches Beta on Bitcoin Network

Microsoft’s decentralized id network ION, first announced in Would possibly possibly well simply is transferring to beta testing on the Bitcoin network.

In a June 10 blog put up, Daniel Buchner, a program supervisor for the Microsoft Identity physique of workers, acknowledged the originate-sourced, layer 2 Identity Overlay Community (ION) had launched. The aim is to give users with a decentralized identifier (DID) that can even change the need for usernames.

Developed alongside with the Decentralized Identity Foundation, ION was once developed as a decentralized network to operate independently and doesn’t count on “special utility tokens, relied on validator nodes, or extra consensus mechanisms”. 

“The core promise of DID expertise is to empower all people and entities with ownership and management over their identities, which aligns successfully with our mission of empowering every body to work, play, and make more,” acknowledged Buchner. “To bring on that promise, we possess chosen a varied direction from some of the more centralized approaches to DID applied sciences—and we imagine ION exemplifies that more than just a few.”

Microsoft has now not yet residing a liberate date for the final model, nonetheless acknowledged it’d be engaged on hardening the protocol and making improvements to the ION reference implementation over the arrival months. 

Microsoft continues its blockchain scurry

Cointelegraph reported in Would possibly possibly well simply that the tech broad had announced its tag original Azure Blockchain Provider alongside side Azure Blockchain Model Kit for the Ethereum blockchain. 

It is now not the entirely company seeing the chance of DID expertise. ConsenSys is utilizing the blockchain agnostic protocol Ethr-DID for its dangle DID, unlike Microsoft’s SideTree.