Because Of Microsoft Alone, Bitcoin (BTC) At $8000 Is Significantly Under-priced

Microsoft’s fascination with blockchain technology is growing, and days after announcing its Azure Blockchain Service, it is on to a new project. The giant computing technology giant has announced that it is creating a decentralized Identity network (DID) using the Bitcoin (BTC) blockchain. Known as the most trustworthy blockchain in the space, the DID will be built as dictated by the Decentralized Identity Foundation’s standards.

Through the blockchain based DID, Microsoft is willing to let go of its software users login credentials. Its new system running on Bitcoin’s parent blockchain will give Microsoft’s users the control of their identity to use independent of any company as the user deems fit.

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