ConsenSys To Partner Up With Microsoft and Blockstack Labs To Build a Decentralized Identity System On Ethereum
ConsenSys, the NYC-based venture production studio, announced yesterday an important partnership with Microsoft, the American multinational technology company, and Blockstack Labs, a venture that is also building blockchain-based software, to create an 'open-source, self-sovereign, blockchain-based identity system'. The companies are joining forces to tackle several identity and reputation problems outlined in the ID2020 conference, the event was held in the New York City branch of the United Nations. According to ConsenSys’s press release UN members, private companies, and government....
Related News
ConsenSys, Microsoft, and Blockstack Labs collaborate to create an open-source, self-sovereign, blockchain-based identity system while ex-trader starts a non-profit ID2020 to address the problem at UN-level, through public-private partnership. According to the United Nations, there are around 1.5bn people across the world who have no way of proving who they are. Sam Cassatt, chief strategy officer of ConsenSys, says: “This project represents meaningful progress towards accessible, powerful identity for our world. If successful, we will enfranchise a significant portion of the global....
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 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 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....
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....