10.8 C
September 27, 2020
Image default

Microsoft builds a “distributed identification network” on Bitcoin

New network of MS Microsoft, the world’s leading IT company, has released a beta version of the decentralized identification network “ION” that uses the public blockchain of virtual currency Bitcoin. ION creates an identifier that can be encrypted and authenticated so that users can protect their digital ID information (login, etc.). Specifically, ION (IdentityOverlayNetwork) manages “digital ID” information such as e-mail address and login information on the Bitcoin blockchain, so that the user himself/herself can safely encrypt and…

Related posts

Blockchain: what are unconfirmed transactions?

Anupreet Kaur

MicroStrategy’s CEO tells how his company bought 38,250 BTC |

Aparnna Hajirnis

New virtual currency exchange in Japan: Bitcoin transaction start on 15th = FXcoin

Aparnna Hajirnis

Leave a Comment