MicroStrategy to launch Bitcoin-based decentralized ID solution
MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails to verify the identity of the sender.
MicroStrategy, the largest corporate holder of Bitcoin (BTC), has announced it will launch a decentralized identity solution on the Bitcoin network that uses Ordinal-based inscriptions to store and retrieve information.
The solution, MicroStrategy Orange, was unveiled by executive chairman Michael Saylor during the company’s Bitcoin For Corporations conference on May 1.
MicroStrategy Orange is open-source, not dependent on sidechains and can process up to 10,000 decentralized identifiers in a single Bitcoin transaction, Saylor claimed.
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Author: Brayden Lindrea
