2024-05-02
On May 2, 2024, MicroStrategy has unveiled
a groundbreaking platform for building decentralized identity on the Bitcoin
Blockchain called MicroStrategy Orange.
This innovative platform is built on
the Bitcoin network, leveraging its robust security and immutability to provide
a reliable decentralized ID solution.
The announcement was made at the
MicroStrategy World: Bitcoin for Corporations 2024 event, marking a significant
milestone in the integration of blockchain technology into enterprise
solutions.
MicroStrategy Orange aims to empower
organizations to manage digital identities, offering a service cloud that
enables the issuance of identifiers to users and organizations.
The platform also includes prepackaged
applications, known as orange apps, designed to address specific digital
identity challenges.
With the increasing need for secure
digital identity verification, MicroStrategy Orange presents a promising
solution by anchoring digital identities in the Bitcoin blockchain, thus
enhancing the verifiability and trustworthiness of digital credentials.
This initiative reflects
MicroStrategy's commitment to innovation and its foresight in recognizing the
potential of Bitcoin beyond mere cryptocurrency.
The launch of MicroStrategy Orange is a
testament to the company's pioneering spirit and its dedication to advancing blockchain
technology.
Bitcoin Magazine on X: "Tune in to @MicroStrategy World: #Bitcoin for Corporations Day 1 💥
