MicroStrategy Launches Bitcoin-Based Decentralized Identity Service

The new service, dubbed MicroStrategy Orange, utilizes Bitcoin's blockchain for secure and decentralized identity verification.

MicroStrategy introduces 'MicroStrategy Orange', a decentralized identity protocol leveraging Bitcoin's blockchain for enhanced security.
The service enables the issuance of decentralized identifiers (DIDs), promoting anonymity similar to Bitcoin transactions.
MicroStrategy Orange utilizes the Ordinals Protocol to store information on individual satoshis, enhancing data security and communication.
The company has already implemented an application, 'Orange For Outlook', which integrates digital signatures into emails.
MicroStrategy, holding over $10 billion in Bitcoin, aims to expand Bitcoin's utility beyond financial transactions into identity verification.