[FOMO] Microsoft looking into building decentralized IDs on blockchains.

[JuniAiko]

Microsoft points to Bitcoin, Ethereum, and Litecoin as three specific platforms that are suitable foundations for DIDs.

https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/ktorpey/2018/02/12/microsoft-to-embrace-decentralized-identity-systems-built-on-bitcoin-and-other-blockchains/&refURL=https://t.co/nK2Qh2Yw3x&referrer=https://t.co/nK2Qh2Yw3x

MAGA VERY VERY FOMO BIGLY!!!

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[franky1]

gotta laugh at page 2 of the article

they dont want federated(masternode) blockchains. they want decentralised blockchains..
..but then

they talk about layer 2 things like lightning as the solution to holding all the data of 7billion people.

but here is the kicker
peoples names may only change a few times(marriage) in their life.
their date of birth never changes
credit rating may only change once a month/year

so layer 2, is not the solution. plus layer 2 is not an immutable blockchain, nor permissionless, nor individual control

i think microsoft is just throwing out buzzwords to garner investments before even having a prototype/design idea ready

all i can see from this article is speculators shouting "big corp mentions word bitcoin.. to the moon".. rather than anything revolutionary

[JuniAiko]

Shhhhh.. .... ... FOMO