Microsoft says it’s bringing Digital Identity and Blockchain together in a new decentralized identity (DID) network.
Based on bitcoin, according to a developer blog announcing the initiative released yesterday, the new infrastructure – the Microsoft Identity Overlay Network (ION) – is said to also be based on the emerging standards coming out of the Decentralised Identity Foundation.
“We believe every person needs a decentralised, Digital Identity they own and control, backed by self-owned identifiers that enable secure, privacy-preserving interactions,” says the Redmond Giant.
“This self-owned identity must seamlessly integrate into their lives and put them at the center of everything they do in the digital world.”
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Microsoft is saying that its implementation will give users the performance boost that regular Blockchain just can’t offer for a DID, as they tend to operate at just tens of transactions per second, so “nowhere near the volume a world full of DIDs would demand”.
But it claims it can instead offer a way to deliver tens of thousands of operations can be achieved per second, with a Senior Program Manager in the company’s growing Microsoft Identity Division, Daniel Buchner, adding in the post:
“Today, the most common digital identifiers we use are email addresses and usernames, provided to us by apps, services, and organisations. This puts Identity providers in a place of control, between us and every digital interaction in our lives.
“Our goal is to create a decentralised identity ecosystem where millions of organisations, billions of people, and countless devices can securely interact over an interoperable system built on standards and Open Source components.”