Decentralized Identity: How Microsoft (and Others) Plan to Empower Users to Own and Control Personal Data

Microsoft continues its blockchain streak, empowering users to own personal data. Microsoft, one of the world’s largest software makers by revenue, is currently on a blockchain streak. This time, Microsoft presented a vast blockchain-related plan: a decentralized identity (DID) network built atop of the bitcoin network, which can potentially empower users all over the internet […]

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Louis Vuitton and Christian Dior Owner Unveils Blockchain Platform to Verify Luxury Goods

LVMH brands including Louis Vuitton and Christian Dior are already involved in the platform. ConsenSys has teamed up with LVMH and Microsoft to build a blockchain-powered platform that allows consumers to verify the authenticity of luxury goods, according to a news release on May 16. The consortium says the system, known as Aura, is designed to “serve the […]

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Microsoft Builds Decentralized Identity Network Atop Bitcoin Blockchain

Microsoft is developing a decentralized identity network because, “every person needs a decentralized, digital identity they own and control…” Microsoft is building a decentralized identity (DID) network atop of the bitcoin blockchain, the tech giant announced on May 13. In a blog post, the company said the infrastructure, known as the Identity Overlay Network (ION,) is based on […]

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Ethereum Consortium Launches New Enterprise Tools With Input From Microsoft, Intel

The blockchain standards organization has released two new specifications aiming to enhance blockchain implementation for enterprises. Member-driven blockchain standards organization the Enterprise Ethereum Alliance (EEA) has released two new specifications aiming to accelerate and enhance blockchain implementation for enterprises. The news was shared with Cointelegraph in two press releases on May 13. The EEA, which […]

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