Microsoft Inks Deal to Develop Identity Platform for Multiple Blockchains
Tech giant Microsoft has partnered with startups Blockstack Labs and ConsenSys to build an open-source identity platform aimed at integrating the bitcoin and Ethereum blockchains. The project seeks to build a platform for cross-blockchain identity across multiple distributed systems. An early version of the identity solution is expected to be available by the end of this summer. In a blog post published today, Microsoft global business strategist York Rhodes wrote that in the coming weeks Microsoft will launch an open source framework on Azure, where developers can build their own identity....
Related News
Microsoft has announced that it is collaborating with Blockstack Labs, ConsenSys and developers across the globe on an open source, self-sovereign, blockchain-based identity system that allows people, products, apps and services to interoperate across blockchains, cloud providers and organizations. The United Nation's Sustainable Development Goals include giving everyone a legal identity by 2030. As a first step, the U.N. wants to develop scalable identity systems by 2020. The inaugural "ID2020 Summit ‒ Harnessing Digital Identity for the Global Community," held at the United....
Tech giant Microsoft has established a partnership with Blockchain identity startup Tierion to secure sensitive pieces of information on a public Blockchain. Daniel Buchner from the Microsoft Azure Identity team will be leading a project called decentralized identity initiative which features extensive collaboration with Tierion and its developers. Cooperatively, the Microsoft and Tierion development teams are looking to build a Blockchain-based platform wherein anyone can sign data, claims and agreements in an immutable and transparent ecosystem. Commercialization. Ultimately, Microsoft....
The blockchain-based domain name service (DNS) Blockstack, formally known as Onename, has announced a partnership with the Microsoft Azure platform. Developers will work with Microsoft to provide identity solutions, authentication, and storage services without the need for third-party arbitration. Blockstack: Self-Sovereign ID on the Blockchain. The....
Microsoft is partnering with ConsenSys, an Ethereum-coder collective, and Blockstack Labs, an application stack for decentralized, server-less apps secured by the blockchain, in trying to improve the state of the millions of people – mostly children – who face severe challenges from having no legal identity. The partners are engaged in a long-term project to employ blockchain-based solutions to the challenge of legal identity, Microsoft noted in a blog on its Microsoft Azure website. Microsoft Azure is an open cloud-computing platform. The identity issue was explored during the recent....
Microsoft yesterday announced a strategic partnership with R3, a distributed ledger consortium of 40-plus global banks to push the development of blockchain technology. The announcement came as a part of Microsoft Envision, a new event that brings together thousands of business leaders from nearly every industry to share insights and uncover solutions for success in the digital age. The goal of the partnership according to Peggy Johnson, executive vice president of global business development at Microsoft, is to develop and test blockchain-based technologies as a replacement for the....