MicroStrategy, the largest corporate holder of Bitcoin (BTC), has announced it will launch a decentralized identity solution on the Bitcoin network that uses Ordinal-based inscriptions to store and retrieve information.

The solution, MicroStrategy Orange, was unveiled by executive chairman Michael Saylor during the company’s Bitcoin For Corporations conference on May 1.

Michael Saylor speaking at the Bitcoin For Corporations conference. Source: YouTubeFlow diagram of how MicroStrategy’s Orange For Outlook application works. Source: MicroStrategy