MicroStrategy has launched Orange Protocol, a decentralized identity platform built on the Bitcoin blockchain. Announced at the MicroStrategy World 2024 event, this initiative aims to anchor digital identities to the Bitcoin blockchain, leveraging its security and immutability. The platform consists of a hosted service cloud that enables organizations to issue identifiers to users, enhancing the management of decentralized identities through Bitcoin's infrastructure. This move marks a significant integration of Bitcoin with enterprise solutions, emphasizing digital identity management.

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