MicroStrategy Announces Decentralized Identity on Bitcoin Network

MicroStrategy, the leading corporate holder of Bitcoin, has revealed plans to launch a decentralized identity solution on the Bitcoin network. The marks a significant move towards leveraging Bitcoin blockchain beyond traditional financial applications.

During the MicroStrategy World conference in Las Vegas on May 1, Michael Saylor, the co-founder and Executive Chairman of the firm, introduced MicroStrategy Orange, a decentralized identity protocol.

This new protocol is open-source and operates directly on the Bitcoin network, avoiding reliance on sidechains. It boasts the capability to process up to 10,000 decentralized identifiers (DIDs) in a single Bitcoin transaction…..Story continues….

By: Anisha Pandey

Source: Introduction of Decentralized Identity | MicroStrategy

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Read more:

Unlocking Bitcoin’s Potential: An In-Depth Look at MicroStrategy Orange’s Decentralized ID (BTC) Coinotag 22:36 Fri, 03 May 

MicroStrategy Orange: Everything You Need to Know About Decentralized ID on Bitcoin Decrypt 22:26 Fri, 03 May 

MicroStrategy (MSTR) Stock Value Dips: An Opportunity to Buy Amid Bitcoin (BTC) Market Corrections? Coinotag 21:45 Fri, 03 May 

Time to Buy? MicroStrategy Stock Premium Shrinks After Bitcoin Pullback Decrypt 21:36 Fri, 03 May 

MicroStrategy dives into Bitcoin ‘Decentralized ID’; What’s next for MSTR stock? Finance in Bold 20:55 Fri, 03 May 

A Closer Look at MicroStrategy‘s Options Market Dynamics Benzinga 17:42 Fri, 03 May 

MicroStrategy Orange Could Bring More Than One Billion People Into Financial System ‐ Why Do Bitcoin Maximalists Hate It? CCN 12:52 Fri, 03 May 

MicroStrategy CEO Praises Bitcoin (BTC): Unrivaled in the Crypto Market Coinotag 12:34 Fri, 03 May 

MicroStrategy CEO Hails Bitcoin as the Best Crypto Asset with No Opponents CoinEdition 12:14 Fri, 03 May 

Crypto Twitter Skeptical As MicroStrategy Proposes Bitcoin-Based Identity Solution CryptoPotato.com 04:10 Fri, 03 May 

Thursday

MicroStrategy Unveils ‘Orange’, a Bitcoin (BTC) Powered Decentralized ID System Coinotag 00:40 Fri, 03 May 

MicroStrategy Takes on Worldcoin ID with Bitcoin Inscriptions DailyCoin 23:02 Thu, 02 May 

MicroStrategy Unveils Decentralized Identity Service Built On Bitcoin’s Ordinals Protocol Benzinga 21:58 Thu, 02 May 

MicroStrategy Develops ‘Decentralized ID’ on Bitcoin (BTC) Leveraging Ordinals-Like Inscriptions: A New Era in Crypto Technology Coinotag 20:26 Thu, 02 May 

MicroStrategy Starting to Recover from Massive Drop FX Leaders 20:08 Thu, 02 May 

MicroStrategy ventures into Decentralized Identity with ‘Orange’ Platform” News.ng 18:36 Thu, 02 May 

MicroStrategy To Launch Bitcoin-Powered Decentralized ID Platform With Ordinals-Inspired Technique ZyCrypto 17:17 Thu, 02 May 

Top 3 Price Prediction As MicroStrategy’s Bitcoin Identity Protocol Launches, BTC, ETH, SOL Prices To Rally? CoinGape 17:07 Thu, 02 May 

MicroStrategy to Introduce Decentralized Identity Platform on Bitcoin Network FX Leaders 16:44 Thu, 02 May 

MicroStrategy to build a Bitcoin-based decentralized identity platform crypto.news 14:10 Thu, 02 May 

MicroStrategy Orange Advances Decentralized ID Solutions Cointurk News 13:03 Thu, 02 May 

$BTC: Crypto Influencer Calls Michael Saylor’s “MicroStrategy Orange” Bitcoin Protocol “Idiotic” CryptoGlobe 12:53 Thu, 02 May 

MicroStrategy unveils Decentralized Identity solution on Bitcoin blockchain FXstreet 12:42 Thu, 02 May 

MicroStrategy Building Decentralized ID Platform On Bitcoin CryptoDaily 12:36 Thu, 02 May 

MicroStrategy Announces Bitcoin-Based Decentralized ID Solution Called MicroStrategy Orange Coinpedia 10:45 Thu, 02 May 

MicroStrategy Introduces Bitcoin-Backed ID Platform, MicroStrategy Orange CoinGape 10:41 Thu, 02 May 

MicroStrategy Unveils MicroStrategy Orange: A Bitcoin-Based Decentralized Identity Platform FX Leaders 10:07 Thu, 02 May 

MicroStrategy Launches Bitcoin-Based Decentralized ID System ‘Orange’ Bitcoinist.com 09:59 Thu, 02 May 

MicroStrategy Announces the Launch of MicroStrategy Orange: Report CoinEdition 09:36 Thu, 02 May 

MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique Crypto Briefing 09:24 Thu, 02 May 

MicroStrategy Enters Decentralized Identity Arena with Bitcoin-powered Protocol BeInCrypto 07:57 Thu, 02 May 

MicroStrategy to launch Bitcoin-based decentralized ID solution Cointelegraph 06:07 Thu, 02 May 

Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin Bitcoin.com 04:57 Thu, 02 May 

MicroStrategy plans to launch decentralized ID solution: report The Block 04:49 Thu, 02 May 

MicroStrategy Is Building ‘Decentralized ID’ on Bitcoin Using Ordinals-Like Inscriptions Decrypt 04:05 Thu, 02 May 

Wednesday

Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard Bitcoin.com 17:15 Wed, 01 May 

Is MicroStrategy Headed for S&P 500 Eligibility? Barchart 15:54 Wed, 01 May 

Analyst adjusts MicroStrategy stock price target after earnings Yahoo! US 03:02 Wed, 01 May 

Why MicroStrategy Stock Plummeted by Nearly 18% on Tuesday The Motley Fool 02:47 Wed, 01 May 

Tuesday

MicroStrategy stock plunges after it lost $53 million and plans to buy more Bitcoin Quartz 21:35 Tue, 30 Apr 

MicroStrategy’s Michael Saylor Rakes In $400M From Bitcoin Investments, Report Reveals Bitcoinist.com 21:33 Tue, 30 Apr 

Crypto stock selloff: MicroStrategy shares plunge 17% as Coinbase, Marathon and Riot also fall The Block 21:27 Tue, 30 Apr 

Eli Lilly, 3M rise; MicroStrategy, Chegg fall, Tuesday, 4/30/2024 Quartz 19:54 Tue, 30 Apr 

MicroStrategy‘s Aggressive Strategy Leads to Q1 Losses The Motley Fool 19:50 Tue, 30 Apr 

 

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