MicroStrategy’s Bitcoin (BTC)-Based Identity Solution Sparks Doubt Among Crypto Twitter Community
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- MicroStrategy has proposed a new Bitcoin-based strategy for combatting online spam – though Bitcoiners are skeptical as to whether it’s a good idea.
- During the annual MicroStrategy World conference on Wednesday, the company’s executive chairman Michael Saylor unveiled “MicroStrategy Orange” – an open-source decentralized identity solution built on Bitcoin.
- MicroStrategy described their technology as an “enterprise-grade platform for implementing Decentralized Digital Identifiers (DIDs)” across any organization.
MicroStrategy introduces a new Bitcoin-based strategy, MicroStrategy Orange, aimed at combatting online spam. However, the Bitcoin community remains skeptical about its effectiveness.
What is MicroStrategy Orange?
MicroStrategy Orange is an open-source decentralized identity solution built on Bitcoin. The platform, described as an “enterprise-grade platform for implementing Decentralized Digital Identifiers (DIDs)” across any organization, aims to provide an internet-native, decentralized digital identity backed by Bitcoin. One of its core services, “Orange for Outlook,” provides an orange check for emails verifying that they’re from an authentic person or entity, rather than spam. Unlike previous attempts at a decentralized identity, MicroStrategy... Read the full article for FREE at COINOTAG!
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