Hmm, weird, really weird.
So, a protocol on top, but it uses no additional token like other projects, it uses Bitcoin and it is decentralized and open source and...it comes from Microsoft? All my instincts tell me to treat this suspiciously at least...
Moreover, according to Simons, the new ID system will allow users seamless access to all the applications in their digital world. The system will be self-sovereign, in which users will be the owners of their personal data.
Thus, just as any Bitcoin user is the only person fully responsible for his or her private keys, a Microsoft user will also be fully responsible for his or her own credentials.
The first paragraph sounds nice, the second one...not that much
So basically when your privatekeys are stolen is not just like you lose your bitcoins, you also lose your identity and the thief has it and since is decentralized there is nothing getting it back for you?
I hope I've got this wrong cause not it's one damn scary scenario