ā—ļø MicroStrategy Plans to Launch DID Protocol

šŸ¢ MicroStrategy is set to launch a decentralized digital identity protocol (DID) based on Bitcoin.

šŸ” Named MicroStrategy Orange, the protocol will store and transmit user personal information using Bitcoin's unspent transaction outputs (UTXO).

šŸ”‹ The goal of this protocol is to provide decentralized identification services at a reduced cost while minimizing "block consumption."

šŸ—“ MicroStrategy has not yet announced the launch date for the project.

#MicroStrategy #Bitcoin #MicroStrategyOrange #UTXO #DID