Microsoft is developing blockchain tech that lets you manage your digital identity

Tech 12-2-2018 The Next Web 378

Microsoft is out to prove blockchain naysayers wrong. In an effort to show the potential of the technology beyond its applications in cryptocurrency, the Redmond giant has announced plans to use blockchain tech as the foundation for storing and processing digital identity data. Following a collaboration with the Decentralized Identity Foundation (DIF), Microsoft has revealed its plans to rely on blockchain technology to solve some of the challenges we face when managing our identities and personal data digitally, such as improving privacy and security across the physical and digital world. “We believe it is essential for individuals to own and control all…

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