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Microsoft previews decentralized identity network based on blockchain agnostic protocol

by Celia Wan

May 13, 2019, 4:27PM EDT  ·  2 min read

Quick Take

  • Microsoft announced on Monday an early preview of its decentralized identifier (DID) network, ION 
  • While ION runs atop of the Bitcoin blockchain, the company is developing a protocol that can support DID networks as a second layer on any blockchains
  • The software giant laid out its plan to build a DID system last year, and it is looking to scale its DID network to accommodate large volumes of transactions in identity authentication 

by Celia Wan

May 13, 2019, 4:27PM EDT  ·  2 min read

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 on a protocol called Sidetree that can run on any blockchains.