|Feb 13, 2018 11:41 PM||By: Guest Author | 8127 Views|
Microsoft disclosed its plans to integrate Blockchain-based decentralized IDs (DIDs) into its Microsoft Authenticator app, the company stated in a blog post Monday, Feb. 12.
As stated in the post, Microsoft is seeing to provide new a model of digital identity that would not be regulated by any centralized institution and would support fully private data storage, enabling the person to have full control of “all elements of [their] digital identity.”
After considering a number of proposals for decentralized identity systems, Microsoft states they decided that Blockchain technology and protocols were “well suited” for the task, saying:
“Some public blockchains (Bitcoin [BTC], Ethereum, Litecoin, to name a select few) give a solid foundation for rooting DIDs, recording DPKI operations, and securing attestations.”
Moving ahead, Microsoft plans to add DID care to its Microsoft Authenticator app to manage identity data and cryptographic keys. The app, which was started in August 2016, is used by millions of people, according to the company.
In October, 2017, Some News reported that a number of governments globally are thinking adopting Blockchain-based identity management systems to shift the control of data from the government or companies to individual citizens.