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Decentralized Identity: How Microsoft (and Others) Plan to Empower Users to Own and Control Personal Data

Published 05/19/2019, 11:16 AM
Updated 05/19/2019, 11:42 AM
Decentralized Identity: How Microsoft (and Others) Plan to Empower Users to Own and Control Personal Data

Microsoft (NASDAQ:MSFT), one of the world's largest software makers by revenue, is currently on a blockchain streak. This time, Microsoft presented a vast blockchain-related plan: a decentralized identity (DID) network built atop of the bitcoin network, which can potentially empower users all over the internet to take control over their personal data and content.

Earlier in May 2019, the United States tech giant announced its brand new Azure Blockchain Service along with Azure Blockchain Development Kit for the Ethereum blockchain. It also teamed up with Starbucks (NASDAQ:SBUX) to present the first use case for its technology — tracking coffee production, from farm all the way to paper cups.

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