MSTR - MicroStrategy Unveils Decentralized Identity Service Built On Bitcoin's Ordinals Protocol | Benzinga
MicroStrategy (NASDAQ:MSTR), recognized as the largest corporate holder of Bitcoin (CRYPTO: BTC), is taking significant strides into blockchain innovation with the launch of a new decentralized identity service called “MicroStrategy Orange.”
What Happened: This initiative leverages the Bitcoin network’s Ordinals inscriptions to offer “trustless, tamper-proof and long-lived” decentralized identities, as stated by executive chairman Michael Saylor during the company’s Bitcoin For Corporations conference, Coindesk reported.
The new service aims to enhance user privacy by enabling the creation of decentralized identifiers (DIDs), which promote pseudonymity similar to the anonymity of Bitcoin ...