Microsoft ID System launches beta on Bitcoin network

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Microsoft’s decentralized identity network, ION, first announced in May, is moving to beta testing on the Bitcoin network.

In a June 10 blog post, Daniel Buchner, program manager for the Microsoft Identity team, said the open source Layer 2 Identity Overlay Network (ION) has been launched. The goal is to provide users with a decentralized identifier (DID) that could replace the need for usernames.

Developed in conjunction with the Decentralized Identity Foundation, ION was developed as a decentralized network to operate independently and does not rely on “special utility tokens, trusted validation nodes, or additional consensus mechanisms.”

“The core promise of DID technology is to give all individuals and entities ownership and control of their identity, which aligns well with our mission to empower every person to work, play and do. more,” Buchner said. “To deliver on that promise, we’ve chosen a different path from some of the more centralized approaches to DID technologies – and we believe ION exemplifies that choice.”

Microsoft has yet to set a release date for the final version, but said it will work to strengthen the protocol and improve the ION benchmark implementation over the coming months.

Microsoft continues its blockchain streak

Cointelegraph reported in May that the tech giant announced its brand new Azure Blockchain service as well as the Azure Blockchain Development Kit for the Ethereum blockchain.

It’s not the only company to see the potential of DID technology. ConsenSys uses the Ethr-DID blockchain-agnostic protocol for its own DID, unlike Microsoft’s SideTree.

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