Microsoft's Adopting Bitcoin and Ethereum!

in #blockchain7 years ago

On the 12th of February, Microsoft published a post announcing its vision to adopt ethereum and bitcoin for its authenticator app. However, considering the power of these two technologies, I'm sure Microsoft will integrate Bitcoin and Ethereum with other features too.

The blog post reads:

Each of us needs a digital identity we own, one which securely and privately stores all elements of our digital identity. This self-owned identity must be easy to use and give us complete control over how our identity data is accessed and used.

On January 9, Microsoft restored Bitcoin payments. One can even redeem bitcoin payments worth $10, $15, $20 and more. However, bitcoin payments still have very high transaction fees, which makes use of bitcoin unfeasible.

Initially, the longtime tech giant will support blockchain-based decentralized IDs (DIDs) through the Microsoft Authenticator app. Litecoin is also tagged as a suitable platform for DIDs apart from ethereum and bitcoin.

Sort:  

Congratulations, you were selected for a random upvote! Follow @resteemy and upvote this post to increase your chance of being upvoted again!
Read more about @resteemy here.

Congratulations @peachaston4! You received a personal award!

1 Year on Steemit

Click here to view your Board

Do not miss the last post from @steemitboard:

SteemWhales has officially moved to SteemitBoard Ranking
SteemitBoard - Witness Update

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @peachaston4! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!