Why is Microsoft investing in blockchain? The answ
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Posted On: 08/09/2019 7:19:38 AM
Why is Microsoft investing in blockchain? The answer is privacy
Microsoft's latest blockchain project is called the Identity Overlay Network, which is designed to complete thousands of transactions per second, the company announced May 13 according to MSPoweruser.
The ION network is layered on Bitcoin-based blockchain technology. Microsoft developed the network with various blockchain partners.
Microsoft has been a big investor in blockchain. The company continues to pursue blockchain projects due to the added privacy it is designed to give users, MSPoweruser reports.
Microsoft is working to create digital identities that users can control. The company has developed identity hubs, which provider secure, encrypted storage of personal data, according to the report. These digital hubs rely on blockchain technology.
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Microsoft's latest blockchain project is called the Identity Overlay Network, which is designed to complete thousands of transactions per second, the company announced May 13 according to MSPoweruser.
The ION network is layered on Bitcoin-based blockchain technology. Microsoft developed the network with various blockchain partners.
Microsoft has been a big investor in blockchain. The company continues to pursue blockchain projects due to the added privacy it is designed to give users, MSPoweruser reports.
Microsoft is working to create digital identities that users can control. The company has developed identity hubs, which provider secure, encrypted storage of personal data, according to the report. These digital hubs rely on blockchain technology.
This is why you need to start using BlockSafe Technologies Suite of Products in 2019 and Beyond. Great News Coming, Learn More Today:
https://blocksafetech.io
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My comments are only my opinion and are not to be used for investment advice. Please conduct your own due diligence before choosing to buy or sell any investment.
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