Microsoft to launch Decentralized Identity Tool over the Bitcoin Blockchain system
Microsoft is launching its first decentralized infrastructure with implementation to a major tech company which is directly built over the Bitcoin Blockchain.
This open source is named ion, and is designed to deal with the underlying mechanics of how do networks talk to each other so to under it better let’s take an example, like if you log into Airbnb via Facebook, hence a protocol is generated which deals with the software and sends your personal Data via the social profile of yours to the external service provider.
So, seeing this case we can see that how ion will Handle the decentralized identifier and also has the ability to prove you own the keys of the data shared.
In concern to this Christopher Allen, a Crypto veteran and Co-founder of World Wide Web Consortium (W3C) believes that this move of Microsoft can have a heavy impact over the entire tech industry.
Between all this Yorke Rhodes program manager at Microsoft’s Blockchain engineering team, said that they had been over the years on this key signing on validation software. He also added that the software completely relies on the public network with initial support to Currencies like Bitcoin and Ethereum.
Rodes comment that,
“There are systems that we have at Microsoft that give you permissions in an enterprise context, a product called Active Directory, that we think need to be able to recognize these DIDs as well.”
He also added to it that such infrastructure products and services are completely related to the Microsoft Azure and are one of the popular offerings of the product.
Allen of W3C comment that,
“To have Microsoft say they are not scared of bitcoin, and in fact, it has some very good properties and we are willing to take advantage of those properties, is, I think, a step in the right direction.”
There is an assumption that they are going in a different direction than that of the decentralized once as per the source of Facebook.
Due to all this there has been certain conflicts between some of the firms,
Seeing the reports which previously suggested that Facebook is on its way to build its own Stablecoin based payments platform over their social network.
To this Rouven Heck head of DID at ConsenSys confirmed that Facebook had not shown any interest towards the DID and it’s usually absent from the community discussion meeting which is held across the tech industry.
He also confirmed that all this completely shows the sign of misalignment between the way of two companies views over the use of Blockchain technology.
Regarding this approach of Facebook one of it’s Spokesperson said,
“Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology. This new small team is exploring many different applications. We don’t have anything further to share.”
