TL;DR
MicroStrategy, the corporate that owns 214,000 Bitcoins, is constructing a decentralized id protocol on high of Bitcoin…
Full Story
Okay so, find it irresistible or hate it…
Issues being constructed on the Bitcoin community carry extra weight than every other chain.
And earlier than you throw any accusations round:
This isn’t coming from a spot of bias – extra from a spot of “the Bitcoin community has extra worth (and due to this fact, extra consideration) than every other blockchain community on the market.”
So if a characteristic pops up on Bitcoin — by the numbers — it’s extra more likely to be adopted.
Now, with that in thoughts, contemplate this…
MicroStrategy, the corporate that owns 214,000 Bitcoins, is constructing a decentralized id protocol on high of Bitcoin…
Translation: you’ll quickly be capable of show your id as soon as through the ‘MicroStrategy Orange Decentralized Id Protocol,’ then by no means have to point out ID on-line ever once more.
(That’s the thought no less than).
On-line platforms will first want to begin accepting the Orange Id Protocol’s proof of ID as an ordinary…
Which is a tall activity!
However as we stated on the high, issues being constructed on the Bitcoin community carry extra weight than every other chain.
Which suggests the Orange ID Protocol has a head begin in opposition to the remaining…
And the thought of all our private data NOT being saved throughout a number of (doubtlessly weak) on-line databases?
That’s a reasonably cool idea.
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