Rumor has it that MicroStrategy plans to launch a decentralized identity solution for Bitcoin
Rumor has it that MicroStrategy plans to launch a decentralized identity solution for Bitcoin
Rumor has it that MicroStrategy plans to launch a decentralized identity solution for Bitcoin

A Bitcoin community KOL named “Dylan LeClair” posted on Wednesday, stating that MicroStrategy, a US-listed company holding a large amount of Bitcoin, plans to launch a decentralized identity protocol based on Bitcoin. LeClair learned about this news from a live business demonstration and further mentioned that the solution, named “MicroStrategy Orange,” intends to utilize unspent transaction outputs (UTXOs) on the Bitcoin blockchain to store and retrieve users’ personal information. The protocol aims to provide decentralized ID services at a lower cost while minimizing the consumption of block space. It is currently unclear when MicroStrategy will launch this project. MicroStrategy did not immediately respond to the comment request made by The Block. Source

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