Crypto

Microsoft announced the Bitcoin ID protocol


According to the news in CoinDesk, Microsoft has announced the first decentralized infrastructure development built by a major technology company directly on the Bitcoin block chain.

The company's ION (Identify Overlay Network), open source project, networks communicate with each other. focuses on developing protocols that enable it to install. For example, when you log in to Airbnb via Facebook, a protocol transfers your profile information from your social media account to another service provider. To address this example, ION will use decentralized identifiers that control how you can prove that you have the key to this data.

tanım It can affect the entire technology industry eyi

W3C (World Wide Web Consortium) for distributed identity solutions (DID) Christopher Allen, co-founder of the workgroup he created, said Microsoft's move could affect the entire technology industry.

Allen ortağı Many infrastructures use Microsoft products. So when they integrate it into infrastructure products, they'll have access to DID. Len

] Microsoft says it's not afraid of Bitcoin in

Allen from W3C added:

Microsoft is not afraid of Bitcoin In fact, the program manager in the Microsoft Blockchain engineering team, Yorke Rhodes, is a team that has been based on public networks such as Bitcoin or Ethereum for essentially one year, the team is essentially a key step in the right direction ki

It is said that ION will move from Bitcoin's test network to its real network later this year.

The key benefit of decentralized identity management solutions lies in preventing social networking giants, such as Facebook or Twitter, from controlling users' profile pictures and other personal information.

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