Microsoft Eyes Role for Bitcoin, Ethereum in Decentralized ID

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Summary

Software giant Microsoft has said it sees potential for public blockchains in supporting decentralized identities and will explore the possibilities within its Microsoft Authenticator app. As such, the firm explained that it now eyes on developing additional layers to achieve the scaling goal. Ankur Patel of Microsoft's Identity Division stated in the post, "Some public blockchains (bitcoin, ethereum, litecoin, to name a select few) provide a solid foundation for rooting DIDs, recording DPKI operations, and anchoring attestations." That said, the company admitted that scaling is a key obstacle before a decentralized ID authentication can be available for millions of users simultaneously. For now, the firm will "experiment" with decentralized identities by adding support for them into its Microsoft Authenticator app, which is already used by millions worldwide.

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Software giant Microsoft has said it sees potential for public blockchains in supporting decentralized identities and will explore the possibilities within its Microsoft Authenticator app.

In a blog post released on Feb. 12, Microsoft's Identity Division doubled down on its belief that blockchain technology is the right solution to store, maintain, protect and distribute users' identification information in a tamper-proof and decentralized environment.

Ankur Patel of Microsoft's Identity Division stated in the post, "Some public blockchains (bitcoin, ethereum, litecoin, to name a select few) provide a solid foundation for rooting DIDs, recording DPKI operations, and anchoring attestations."

That said, the company admitted that scaling is a key obstacle before a decentralized ID authentication can be available for millions...

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