MicroStrategy Announces Decentralized Identity Platform

MicroStrategy Announces Decentralized Identity Platform | Bitcoin for Corporations

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2 ай бұрын

MicroStrategy Executive Chairman Michael Saylor and EVP of Engineering Cezary Raczko announced the firm's new decentralized identity platform "MicroStrategy Orange". The DiD platform was announced at MicroStrategy World: Bitcoin for Corporations 2024.
The unveiling of MicroStrategy Orange marked a new milestone in the integration of Bitcoin into enterprise solutions. This platform is designed to empower organizations to use and manage decentralized identity applications utilizing the Bitcoin blockchain, leveraging its robust security and immutability features.
Read more about the announcement: bitcoinmagazine.com/business/...
Learn more about MicroStrategy World - Bitcoin for Corporations: www.microstrategy.com/world-2...
#btc #bitcoin #bitcoinnews #markets #mstr #microstrategy #michaelsaylor #technews #technology #currency #digitalidentity

Пікірлер: 209

@decoynick1730 2 ай бұрын

Digital ID that you control is far better than having to give up your info to every online service. Think of all the times your info is compromised whenever some service you use gets hacked.

@bobbysbits2575 2 ай бұрын

I'm curious how they tackle privacy with it, though. Bitcoin is natively only pseudonymous. This would be easier on something like Monero.

@ReVoltAgefilms 2 ай бұрын

@@bobbysbits2575is Monero truly decentralized? Does it have the hashing power of Bitcoin?

@jrfjosh 2 ай бұрын

@@bobbysbits2575 No monero. Bitcoin is the only network that is completely decentralized and secure from government control.

@mitakon21 2 ай бұрын

Guys wake the phck up, this is a decentralized Bitcoin-based digital ID, "a system of trust" as he put it, for the people, aka the 99%. An antithesis to the centralized, closed, controlled, and fragmented one. It's plain & simple in it's messaging. Big Yes to Mr. Michael Saylor. Thnk phck for the likes of him!

@hempchew4535 2 ай бұрын

Midnight on Cardano will be far superior

@chriswillis9775 2 ай бұрын

@@hempchew4535 If you want to send that data across blockchains and bank private chains you will need an oracle. That is why Chainlink bought DECO from Cornell.

@Mogsoni 2 ай бұрын

It's the natural progression of the Blockchain. My wallets are all linked in one way or another to kraken which I use to onboard fiat so I'm tracked anyway. Im very very deep in crypto but I fail to get my head around why some people are so against KYC

@BTC163 2 ай бұрын

@@Mogsoni People are against KYC simply because they don't want the company to know who the customer is..

@UFDomains 2 ай бұрын

I think there are a lot of people in the comments that don’t understand the difference between a government based DID and a decentralised DID

@hempchew4535 2 ай бұрын

Midnight on Cardano will be far superior

@TheRealBeall 2 ай бұрын

@@hempchew4535lol ADA keeps slipping further and further down the leaderboard. Just admit you’re sitting on bad bags.

@jrfjosh 2 ай бұрын

@@hempchew4535 bitcoin network is the best and most secure network ever created. There is no second best. Cardano is centralized and easily can be controlled by a government entity, bitcoin cannot.

@nomonade 2 ай бұрын

The two things are not mutually exclusive

@raferleach9267 2 ай бұрын

arc block

@northshoreplaid 2 ай бұрын

THIS SHOULD BE USED FOR VOTING - tied to our SOC SEC number and BTC Blockchain! 1 VOTE per American!

@mdevvvo 2 ай бұрын

anyone who says you can solve X with blockchain doesn't understand X and can safely be ignored

@ToxicLucidity 2 ай бұрын

democracy is mob rule. it is immoral and unethical

@TherealJesseLivermore 2 ай бұрын

@@mdevvvo professional yapper

@VivianMendeszoon 2 ай бұрын

😍

@bubb-ht6hh 2 ай бұрын

See: David Chaum

@teatowel11 2 ай бұрын

Decentralised ID is better then a government digital ID but the issue is that we should be able to remain anonymous for the vast majority of things. We need to push back against surveillance.

@KyngD469 2 ай бұрын

This is not a service for anonymity. Most people enjoy the benefits of being a public figure or trustworthy, known source

@Sigmacadabra 2 ай бұрын

Decentralized identify has far more powerful uses than merely replacing a blue check.

@imcinema 2 ай бұрын

He’s going to have to explain this a few hundred times before most people will get it.

@m.vonhollen6673 2 ай бұрын

“Most” as in a majority of people? That will never happen.

@ph8077 2 ай бұрын

@@m.vonhollen6673 Most people don't understand how pension funds work either but "most" people with some wealth have them. Ironically not me though. I'm 33 there is an age demographic timebomb coming...& I opted out when I got my first job after graduating, choosing instead to invest in one digital transformation theory advised by some guy who wrote a book about it back in 2011. I can't remember the dude's name...

@polish2x91 2 ай бұрын

If anyone doesn’t recognize that Michael was CEO for 33 years before moving in to his true calling, you’re not paying attention.

@milire2668 2 ай бұрын

@AH-wr1ir 2 ай бұрын

The world needs this. Get on board!

@hempchew4535 2 ай бұрын

Midnight on Cardano will be far superior

@truecrime98 2 ай бұрын

@@hempchew4535 🤦‍♀️

@DDDhorus 2 ай бұрын

Wow this will solve identity across the Internet

@philfortner1805 2 ай бұрын

@@jb9433by using carrier pigeons to transport messages guarded by security owls. Obviously.

@indigobluu 2 ай бұрын

Saylor came in mid sentence like a BOSS 😂

@Mattes50A05 2 ай бұрын

Came up on stage sighing 😂

@WilliamsJohn-01 2 ай бұрын

Hit 247k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months.Started with 11k in last year 2023

@SorensenBjerring 2 ай бұрын

" WE CALL THEM POOR " 😅😂🎉❤

@yrp237 2 ай бұрын

Yes! Yes! Yes! Have been waiting for this to get the ball rolling on a solid solution for 4 years!

@igloojones2761 2 ай бұрын

I’m building something similar

@yannik1679 Ай бұрын

@@igloojones2761 I would love to see use of DIDs for a public consensus mechanism built with polis on nostr.

@truecrime98 2 ай бұрын

Michael Saylor for president!!

@gavinbrinck Ай бұрын

bravi ! looking forward to the developments here !

@CristianHeredia0 2 ай бұрын

So it’s PGP but using the Blockchain as a key server?

@freedom9611 2 ай бұрын

Incredible!!

@undefined088 2 ай бұрын

ILY Michael Saylor, so hard my bro... There is no second best!

@aminromero8599 Ай бұрын

I don't see the depth of it. Isn't it just alluding to bitcoin?

@TeriRich-py3se 2 ай бұрын

WOW! If it's honest, if it's true, if it works.

@syproductions456 2 ай бұрын

I wonder how many times Michael Saylor has said 'bitcoin' in his lifetime.

@DontDieSenpai 2 ай бұрын

Not sure I am on board with this. I'd hope the higher-ups would reconsider the impact this could have on bitcoin, including any potential harm this could cause. Sort of a neat idea, but I am not sure we need to do this with bitcoin. Especially when so many long-time bitcoin devs have pointed out several critical issues with this.

@lampist247 2 ай бұрын

The only way to stop it is to stop bitcoin at this point

@SquareRootOfMinus1 2 ай бұрын

Well OTOH, with Fidelity (now) and Saylor (later) paying the salaries of the Core Dev’s… They better follow his orders. And especially so, if this happens on a new L2 - Saylor Chain.

@LesterDoodis 2 ай бұрын

Did he bring up web friction in lex freedman's podcast? I appreciated that idea. This is that idea refined yeah?

@alviolampis 2 ай бұрын

In Michael we trust.

@daviintk 2 ай бұрын

Think for yourself.

@TeriRich-py3se 2 ай бұрын

Nevertheless, if we are cooked, we already are. 😏

@UncleSaif 2 ай бұрын

MS is the Alchemist

@crypto12am88 2 ай бұрын

Atomicals Protocol fits the description of digital objects, hosting, media, etc….built on Bitcoin hopefully we can hear Michael Saylor using this protocol.

@Xavierjd 2 ай бұрын

Atomicals protocol will allow bitcoin to be adopted more. Smart contracts in bitcoin are coming at layer 1

@oscarmike4596 2 ай бұрын

👍

@jksmithiii 2 ай бұрын

There's a use case with this that provides a foundation, along with a smart contract, to show proof of ownership of a physical asset, like property. So what would be the consequences? One more responsibility that the individual can assume that we normally depend on legacy governments to provide. The blue sky here is government gets deprecated a little more. Look to MSTR being solicited (or forced) to provide back doors. Needs to be open sourced asap.

@justinmilner390 2 ай бұрын

How much will an orange che k verification stamp cost per tx?

@b0njam0n 2 ай бұрын

ICP has something similar called "Internet Identity"

@krackherback 2 ай бұрын

So in the future i can use this to create account and log in anywhere without the need of an email address and password?

@Crushbandicoot-wv8xb 2 ай бұрын

How can ppl not see through this

@anakaoka 2 ай бұрын

the problem with x is that it allows a name to be put it, it should show the username , but even that is typed with similar characters... it needs to be more than just a check mark.

@indianahomestead 2 ай бұрын

Someone has been listening to Charles Hoskinson closely for the last several years.

@diegoalbani6807 Ай бұрын

MSTR should use a Sivereign chain in multiversx blockchain.

@diegoalbani6807 Ай бұрын

*sovereign chain

@crypto12am88 2 ай бұрын

Smart Contracts are coming to Bitcoin, AVM is the only solution I see to make everything work

@JacielBarros 2 ай бұрын

Could it be used to authentication login on a system?

@Garrett8098 2 ай бұрын

It could be used to login to everything that is yours.

@marcschneider7338 2 ай бұрын

What is the price of the solution? Is this not kind of centralisation, as only the one who shedules the orange ID makes the link betwenn the real person and the inscibed (in BTC chain) key. To me this sound like an oracle problem. But I could be totaly wrong. To avoid this, there should be "orange nodes" to share the database as well.

@organic723 2 ай бұрын

I see Natalie, and instinctively try to skip a bunch of ads 🤣

@joshcook6806 2 ай бұрын

I'm just a layman, but for onboarding, would relying on Microstrategy "scribing" it to the chain be in fact a centralized process? And this DID & public key sounds like it exists on the orange server(22:02), would this need to be decentralized or do we 'trust' yah?

@philfortner1805 2 ай бұрын

The public key is on the BTC blockchain. Everyone can access, the world. The point is anyone can see the public ID but only the owner has the secret that can sign the message.

@ReVoltAgefilms 2 ай бұрын

OK so who decides you are who you are? Who holds the information that connects your info with your orange check? Also none of these online accounts we connect with are decentralized, they will still have access to all your information and governments will still be able to track you and what you do.

@user-hf2mc2kc5t 2 ай бұрын

Great initiative but isn’t worldcoin tools for humanity doing This? Albeit it’s not on bitcoin network

@barito7 2 ай бұрын

It could not be built on sha256 due to threat of quantum compooting could it?

@gehrhardtschneider 2 ай бұрын

If quantum computing becomes standard, then it can also be used to secure the network.

@conduit242 2 ай бұрын

SHA256 is already quantum resistant. Even a quantum computer can only theoretically be as fast as 2^128 operations against hashes like this using Grover’s search.

@Notstradamus 2 ай бұрын

I would hope that Michael Saylor (there's lotsa great software background here) would help to figure out all the Crypto/keeping/holding problems that keep people out of this market. It seems to me that the person that will make a fortune, will be the one that provides a software/bio/historical way to Safeguard crypto that people own... other than the current Standard of requiring them to figure out how to use Cold Storage wallets... and without the subsequent risk of then losing your secure words and phrases! Michael... let's task you with figuring this stuff out... and then you can make your NEXT fortune!

@chriswillis9775 2 ай бұрын

Going to need an oracle for that. Chainlink bought DECO from Cornell. Not locked to maximalism and one blockchain. Blockchain agnostic.

@Dan-gk7xq 2 ай бұрын

Holy shit… fckin brilliant

@davidcouch6514 2 ай бұрын

Sounds promising. I’m told Fax (19th Century) more secure than email. IRS requires Fax, etc.

@philfortner1805 2 ай бұрын

Carrier pigeons are the most secure. No leaky beak.

@georgegale6084 2 ай бұрын

I love bitcoin. But with that caveat, I have to say Cardano/ADA has had an identity protocol and its cryptocurrency for almost 5 years now. It’s actually in use in many places around the world and is about a secure or more you even then bitcoin’s current idea.

@user-ol7tl1vf5m 2 ай бұрын

The next revolution in Bitcoin wallets: Decentralized identity leveraging the Bitcoin protocol has the potential to transform existing wallets by eliminating the need to store or memorize a mnemonic seed. This is achieved through the use of cryptographic keys tied to unique identities, allowing users to access their funds securely without relying on a mnemonic seed. This approach enhances security and convenience, as users can access their wallets from any device with their decentralized identity, without the risk of losing their funds due to forgetting or losing a mnemonic seed.

@SquareRootOfMinus1 2 ай бұрын

Well if your DID is stored on chain, then to access your ID, or Coins, this would require an on-chain transaction, yeah ?

@shashikr8014 2 ай бұрын

Kilt protocol already in decentralised identity

@futpib 2 ай бұрын

PGP with extra steps

@kelaseyvolokos Ай бұрын

cool thanks from russia, MS is the BEST!

@daviintk 2 ай бұрын

China would be very interested in this tech.

@channel1_channel 2 ай бұрын

Only if the CCP has control over it.

@ProcesionesyDesfilesLimaCallao 2 ай бұрын

CHIA (XCH).. has these 2 years AGO!!!

@quantumhealing341 2 ай бұрын

but it´s a shitcoin, so nobody cares.

@mattko 2 ай бұрын

Nice tech, but unfortunately, today xch is a dead chain.

@ProcesionesyDesfilesLimaCallao 2 ай бұрын

@@mattko have you see the CADT?

@kodwanikennethmsosa 2 ай бұрын

I always thought it would great if satoshi would be doing these kind of public appearances but he is just watching from the sidelines.

@fabiotrucco7969 2 ай бұрын

This blockchain based authentication is not a new idea at all, but it makes all sence to be run upon Bitcoin 🚀

@hempchew4535 2 ай бұрын

I think Midnight on Cardano will be a lot better

@truecrime98 2 ай бұрын

For the people who watch this and don’t understand what he’s saying then try putting the playback speed slower.

@brianfenech10 2 ай бұрын

Saylor went full Thanos and said "Fine I'll do it myself"

@hempchew4535 2 ай бұрын

I think Midnight on Cardano will be far superior

@brianfenech10 2 ай бұрын

@hempchew4535 Charles Hoskinson is charming but I now believe he is a fraud and Cardona will slowly be eaten away by other chains such as Solana. As for a source of trust that will be accepted by everyone I think Bitcoin is the optimal candidate as the most recognised, trusted and decentralized. Although for peer to peer payments either some form of cbdc (hope I am wrong) or Solana as if they successfully deploy firedancer than its checkmate for most other chains with over 1 million tps.

@Dante3X 2 ай бұрын

👀

@gowinidea 2 ай бұрын

I like this company. Owning some stocks and want to build something on top of their products.

@Shinehead3 2 ай бұрын

Verbal Meme Time: Microstratey- Give us your Public and Private Keys 💩

@martijnvander3896 2 ай бұрын

Ask yourself the question: What is an ID?

@NicFydd 2 ай бұрын

The more you think about it, the more you realise what a clever name Orange is.

@northshoreplaid 2 ай бұрын

We always knew Microstrategy would eventually create this!!!!

@lampist247 2 ай бұрын

BITCOIN IS EVOLVING!

@macrofuture 2 ай бұрын

A world digital ID. A global social credit system

@saraswati_6171 2 ай бұрын

Hasn’t he been saying Apple or Google should incorporate this tech into their phones and biometric I’d so the wallet problem would be solved. But they don’t do anything? Looks like MS has to do it himself. Hopefully Apple will pull their heads out and adopt it.

@tobyncummins 2 ай бұрын

Ah, the Trojan horse reveals itself

@bahmak2003 2 ай бұрын

Too much kitco 😂😂😂

@PaulSims99 2 ай бұрын

Ethereum for the win 🏆 🙌

@nffp 2 ай бұрын

does anyone still know that they hacked a very popular youtuber

@georgegale6084 Ай бұрын

Love you folks….and BTC….but Cardano has had identity built in for many years. Tested in the real world….and used in the real world. They thought of this long ago. So have other crypto currencies. Good luck, cause I want to BTC at a million as well!

@mehmetdilaver5529 2 ай бұрын

brdaha turklere yaklasma micro bozuntusu AUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU

@msims6054 2 ай бұрын

Wow this is basically copying Cardano and their digital ID . It’s open sourced so it’s no big deal but this isn’t novel tech. The more the better

@jinxfm5049 2 ай бұрын

More orange pill moonboy madness lmao, Midnight/ Cardano way better for this Bitcoin has gone from a great idea to a centralized money making venture.

@bitcoinyoda8321 2 ай бұрын

oh no, here we go again

@elxero2189 2 ай бұрын

Well.if it's decentralised then perhaps it could be a counter with the governments digital id social score crap

@hempchew4535 2 ай бұрын

Cardano

@hempchew4535 2 ай бұрын

Midnight

@letsgobrandon8495 2 ай бұрын

Someone please out Bitcoin out of it's misery

@m.vonhollen6673 2 ай бұрын

Bitcoin is far from being in misery.

@letsgobrandon8495 2 ай бұрын

@@m.vonhollen6673 The misery comes with the realization you have been duped. Every proposed solution to Bitcoins problems, adds the need for extra electrical energy to keep those "bitcoin plates spinning". It already takes about $43,000 of electricity cost, to mine the next Bitcoin, which is "" worth"" $50,000 today. About 6 days ago it was "" worth "", $45,000. If you cant see the problem, you can be certain that the miners can see it. Your get rich quick scheme, needs either, more fools to come on board, or the miners will have to increase (continuously), their transaction fees, to the moon. Enjoy your delusion, while it lasts.

@elxero2189 2 ай бұрын

Before any of this stuff he is talking about can make sense, BTC must first be kept off limits to the governments dirty hands. They are working over time to take it from you all

@stever.7658 2 ай бұрын

This could become the biggest thing to happen to freedom since July 4th, 1776 !!!

@eanerickson8915 2 ай бұрын

50 years later. Saylor invents PKI. What a dork.

@daviintk 2 ай бұрын

Michael saylor. "what if we could create something that will make us MSTR rich and allow governments to track and trace everything you do." All in the name of bitcoin Freedom!

@STUDlOIC 2 ай бұрын

Best part is, YOU don't have to use it.

@gehrhardtschneider 2 ай бұрын

It's a DECENTRALISED id protocol.

@DontDieSenpai 2 ай бұрын

@gehrhardtschneider Which relies on a hack. It's basically broken because they're trying to shoehorn this into a system which is not designed to operate in this way.

@SELLSHIELD 2 ай бұрын

Says the idiot who already uses a legacy system that tracks your every move 😂 it’s ok to just say you don’t understand how this works instead of lashing out cause your peanut brain can’t comprehend 😂

@JohnDickDingleJR. 2 ай бұрын

How will it allow governments to track and trace all we do?

@erniea5843 2 ай бұрын

🤮

@experiment54 2 ай бұрын

So, are we downvoting this video?

@Spacecat357 2 ай бұрын

Sounds like a bunch of Blockchain gloat. The use case for bitcoin is money. You can create some all coin for that email stuff. You don’t need Satoshi‘s anonymity for it since it is not controversial like the money use case.

@BillBisco2 2 ай бұрын

Cardano already doing this on a more decentealized network for cheaper. Bitcoin is expensive antiquated tech to build this on

@user-xg6yc8ho3w 2 ай бұрын

LOL

@JanBruunAndersen 2 ай бұрын

Maybe people prefer antiquated, proven, reliable tech to new, unproven tech when it comes to protect their investment?

@chrismcalister4428 2 ай бұрын

You're high 😂

@arbadacarbaYK 2 ай бұрын

its only cheaper cause nobody is using it, also its preminded, centralized.. TLDR: a shitcoin

@NewWorldDisorderly 2 ай бұрын

why so much gibberish??

@thebunGD 2 ай бұрын

Hacker

@ArguZ72 2 ай бұрын

Sure plan to become the next enemy of the state...don't let them Assange you..get out while you can :)

@DJ_KAHLED 2 ай бұрын

I have been involved with bitcoin since 2016. Michael is using bitcoin the wrong way.

@Crushbandicoot-wv8xb 2 ай бұрын

One billion percent but there’s too many “line go up bigger number life more gooder” morons in the world

@drewpiacine9612 2 ай бұрын

Too much btc in hands of tptb. And they've captured mining while buying indie miners w fake infinite usd. They have control of supply, once again.

@johnbarrett5229 2 ай бұрын

I do wish that the more dystopian or purely evil uses for Bitcoin for digital ID's would be included in these presentations/discussions. It's not like governments haven't already thought of how to do this in the most highly centralized way possible. Right?