Microstrategy Plans to Launch a Decentralized Identity Solutio | Bitcoin & Crypto Trading
Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin
According to an unofficial draft on Github, the Orange platform leverages the Bitcoin Inscription DID method (did:btc), which incorporates data inscriptions in Bitcoin’s witness sections to manage decentralized identifiers (DIDs). By utilizing unspent transaction outputs (UTXOs) on the Bitcoin blockchain, Microstrategy Orange aims to ensure a secure and efficient management of digital identities, reducing both transaction fees and block space.
