Microsoft: Bitcoin, Ethereum plays an important role in centralizing ID projects

nStorming comment: Microsoft’s identity department recently pointed out in a blog blockchain technology in the decentralized identity project can play a significant role, explains how to use bitcoin, Ethereum and other public chain so that users can encrypt numbers Center to store and control their own data, thereby changing the current personal information to the authorized third-party management status. A series of recent Microsoft moves indicate that the company hopes to achieve breakthroughs in decentralized authentication.n
nTranslation: Inan
Software giant Microsoft said it believes the public chain has the potential to support decentralized identities and will explore the possibilities in Microsoft Authenticator applications.n
In a February 12 blog post, Microsoft Identity Services said it believes blockchain technology is the right solution to storing, maintaining, securing, and disseminating user identity information in a tamper-resistant, decentralized environment.n
Ankur Patel of the division said in his blog: “Some of the public chains (Bitcoin, Ethereum, Litecoin, etc.) provide a solid foundation for fixing DID systems and documenting DPKI operations and anchoring.”n
That is, Microsoft acknowledged that scaling is a major hurdle in enabling millions of users to use decentralized authentication at the same time. Therefore, the company said it is now looking at developing other dimensions to achieve its expansion goals.n
Patel wrote:n
n”To overcome these technical barriers, we are working together to develop decentralized Layer 2 protocols that operate on the public chain to achieve global scale while retaining the world’s leading DID system attributes.”n
nThe company will now experiment with adding decentralized support to its login authentication application, which is used by millions of people around the world.n
The article seems to be also intended to satirize Facebook and other sites, wrote:n
n”People need a secure, encrypted digital hub – they can store their identity data and easily control others’ access to the data, rather than granting applications and services that allow their identities to spread across multiple vendors.”n
nLess than a month ago, both Microsoft and the blockchain alliance Superbook joined the UN ID2020 project, which aims to deliver a scalable, secure and verifiable digital identity system.n
It is reported that Microsoft donated 1 million U.S. dollars to the ID2020 program during Davos World Economic Forum last month.n

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