31 May '16, 4pm

Microsoft Inks Deal to Develop Identity Platform for Multiple Blockchains

Tech giant Microsoft has partnered with startups Blockstack Labs and ConsenSys to build an open-source identity platform aimed at integrating the bitcoin and Ethereum blockchains. An early version of the identity solution is expected to be available by the end of this summer. In a blog post published today, Microsoft global business strategist Yorke Rhodes wrote that in the coming weeks Microsoft will launch an open source framework on Azure, where developers can build their own identity applications. Rhodes told CoinDesk that this cross-chain applicability was of particular importance to those involved with the initiative. He said in a statement: "Important to the open source blockchain identity initiative is that it is ubiquitous across chains and survivable over time. This mandates an initial solution and partners to prove it out that are cross chain. We are excited to ...

Full article: http://www.coindesk.com/microsoft-identity-platform-multi...

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