“After examining decentralized storage systems, consensus protocols, blockchains, and a variety of emerging standards we believe blockchain technology and protocols are well suited for enabling Decentralized IDs,” today’s announcement post from Microsoft reads.
Identity is a long-standing platform with blockchain technology that has nothing to do with payments or cryptocurrency. In a new post, Microsoft names three particular systems - Bitcoin, Ethereum, and Litecoin - as appropriate bases for DIDs.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/microsoft-to-use-blockchain-tech/