Microsoft Announces Completion Of ION V1 And Launch On Bitcoin Mainnet

Microsoft Announces Completion Of ION V1 And Launch On Bitcoin Mainnet

Microsoft has launched its open-source, Layer 2 decentralized identification solution ION on top of Bitcoin mainnet.Microsoft has announced the completion of ION v1, a Decentralized Identifier (DID) technology, according to a press release sent to Bitcoin Magazine. The technology enables the identification of an entity without being controlled by a third party, as usernames and passwords on servers and can be considered a Layer 2 technology built on top of the Bitcoin blockchain.“A DID identifies any subject (e.g., a person, organization, thing, data model, abstract entity, etc.) that the....


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