MicroStrategy Plans to Launch Decentralized ID Solution: Report

MicroStrategy MSTR plans to launch a bitcoin-based decentralized identity protocol. The solution, called MicroStrategy Orange, stores and calls users' personal information, using unspent transaction output (UTXO) on the Bitcoin BTC/USD blockchain, a bitcoin influencer said Wednesday in an X post. The Virginia-based company's solution is designed to enable decentralized ID services for a reduced-rate fee while minimizing energy-guzzling block consumption

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