Microsoft experimenting with blockchain digital identity platform, granting access to products and services, as well as enhancing data privacy, security, and control

Briefing

Microsoft experimenting with blockchain digital identity platform, granting access to products and services, as well as enhancing data privacy, security, and control

February 19, 2018

Briefing

  • Blockchain Digital Identity – Microsoft testing blockchain-based digital identity platform that would let users own and select where they share their data among variety of products and services
  • Microsoft Authenticator – Will be based on existing Microsoft Authenticator, cloud application that enables multi-factor authentication for businesses and consumers
  • Encryption – Only hashed ID visible to people with whom user shares data, with actual identity data encrypted
  • Benefits – Include enhanced personal privacy, security, and control, giving back ownership of data to users who previously had to share data using multiple apps and services
  • Prototype Announcements – More information on proof-of-concept platform to be announced in early 2018
  • ID2020 Alliance – Microsoft part of ID2020 Alliance, which aims to establish digital identities on blockchain for less privileged, giving them access to voting rights, healthcare, housing, and education

Accelerator

Market Disruption

Sector

Information Technology

Organization

Microsoft Corp.

Source

Original Publication Date

February 12, 2018

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