Share this article

Microsoft Eyes Role for Bitcoin, Ethereum in Decentralized ID

Software giant Microsoft has said it will trial decentralized identities built on public blockchains within its Microsoft Authenticator application.

Updated Sep 13, 2021, 7:34 a.m. Published Feb 13, 2018, 11:15 a.m.
microsoft

Software giant Microsoft has said it sees potential for public blockchains in supporting decentralized identities and will explore the possibilities within its Microsoft Authenticator app.

In a blog post released on Feb. 12, Microsoft's Identity Division doubled down on its belief that blockchain technology is the right solution to store, maintain, protect and distribute users' identification information in a tamper-proof and decentralized environment.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Ankur Patel of Microsoft's Identity Division stated in the post, "Some public blockchains (bitcoin, ethereum, litecoin, to name a select few) provide a solid foundation for rooting DIDs, recording DPKI operations, and anchoring attestations."

That said, the company admitted that scaling is a key obstacle before a decentralized ID authentication can be available for millions of users simultaneously. As such, the firm explained that it now eyes on developing additional layers to achieve the scaling goal.

"To overcome these technical barriers, we are collaborating on decentralized layer-two protocols that run atop these public blockchains to achieve global scale, while preserving the attributes of a world class DID system," Patel wrote.

For now, the firm will "experiment" with decentralized identities by adding support for them into its Microsoft Authenticator app, which is already used by millions worldwide.

In what could be seen as a dig at Facebook, which is widely and controversially used across the internet for access to different services and sites, the post said:

"Rather than grant broad consent to countless apps and services, and have their identity data spread across numerous providers, individuals need a secure encrypted digital hub where they can store their identity data and easily control access to it."

The announcement comes less than a month after Microsoft and blockchain alliance Hyperledger joined the United Nation's ID2020 project, which aims to achieve a secure and verifiable digital identification system that can scale.

As reported, Microsoft donated $1 million to the ID2020 initiative during the World Economic Forum at Davos last month.

Microsoft office building image via Shutterstock

More For You

Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

More For You

Ripple-linked XRP drops 5%, opening downside risk toward $1.70

XRP News

Traders are watching $1.80 as near-term support, with $1.87–$1.90 now the key resistance zone.

What to know:

  • XRP dropped about 5 percent from $1.91 to near $1.80 as bitcoin’s pullback sparked broad risk-off selling across high-beta tokens.
  • The slide accelerated once XRP broke below key support around $1.87 on heavy volume, erasing last week’s gains before buyers stepped in near the $1.78–$1.80 zone.
  • Traders now view $1.80 as a crucial support level, with a sustained move back above roughly $1.87–$1.90 needed to signal a corrective pullback rather than the start of a deeper decline.