THELOGICALINDIAN - The blockchainbased area name account DNS Blockstack formally accepted as Onename has appear a affiliation with the Microsoft Azure belvedere Developers will assignment with Microsoft toprovide character solutions affidavit and accumulator casework after the charge for thirdparty arbitration
Also read: Banks Can’t Afford to Ignore Bitcoin’s ‘BitTorrent Effect’
Blockstack: Self-Sovereign ID on the Blockchain
The accord with Microsoft will additionally accommodate the startup Consensys with the ambition of implementing blockchain-based character solutions. Digital identity will enhance applications and banking casework but added importantly, give global citizens the appropriate to a self-sovereign identity. Blockstack (Blockstack.org) is said to be a added defended DNS agreement with censorship attrition due to the casework decentralized arrangement of nodes that accommodate area names and character solutions.
All of these appearance are congenital on top of the Bitcoin blockchain and currently OpenBazaar uses the Blockstack agreement to accommodate “human-friendly” names for stores. In its accord advertisement with Microsoft, the startups explains their mission:
Microsoft’s Azure blog says the agenda character chat absolutely acrimonious up during the ID2020 Acme held on May 20th. The appointment at the acme acclaimed that 1.5 billion bodies in the apple abridgement basal identification; 230 actor accouchement or one out of every three kids beneath age bristles accept no bearing certificates. This can be a austere botheration for those in the apple gluttonous employment, accepting an education, accepting medical attention, and bridge civic borders to relocate, amid abounding added issues.
The Microsoft Azure aggregation wants to address this problem by accouterment agenda casework to anyone. Their blog states:
More Than Just One Blockchain
Blockstack says the affiliation will acquiesce Microsoft engineers the befalling to analysis the company’s character and affidavit casework to account developing builds. The accord with Consensys will admit the development of a “cross-blockchain band-aid for all-around namespaces.” Its commitment to the Bitcoin blockchain has broadly been accepted alike back the business was accepted as Onename. The aggregation fabricated account aftermost year by bottomward the Namecoin blockchain from their development toolbox. However, the startup believes that character solutions should not be abased on aloof one blockchain. The team’s developers plan to apparatus Consensys and Ethereum abutment on its server in the abreast future.
Blockstack says distributed balance technology has already amorphous to transform the internet and global exchange. It looks advanced to alive with the added businesses and developers complex with this accessible antecedent project. Blockstack believes these partnerships will bigger the web but, added importantly, it will help real bodies in charge of character solutions.
What do you anticipate about Blockstack alive with Microsoft and Consensys to advice augment character solutions? Let us apperceive in the comments below.
Images via Pixabay, Blockstack and Microsoft Azure
