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Microsoft Azure announces blockchain based identity system

identity
On May 13th, Microsoft’s cloud platform Azure released a preview of their decentralized identity (DID) network. The Identity Overlay Network (ION), running on the Bitcoin blockchain, can be used by anyone to create and manage identities. The ION is being developed as part of Microsoft’s aim to provide secure DIDs which enhance privacy and control rather than relying on email addresses or usernames. Other Microsoft’s DID efforts, such as Identity Hubs which are blockchain based, are too slow for real-world use. Today’s announcement introduces ION, which aims to address the issue of scalability of DID networks. Microsoft hopes that ION will be powerful enough to become a global identity ecosystem.

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