Post
Topic
Board Development & Technical Discussion
Re: Storing data on the bitcoin blockchain
by
unsigned_long_long
on 15/06/2020, 21:27:28 UTC
Quote
For example Microsoft recently announced they are building their new decentralized identity system on top of Bitcoin, meaning they will be putting data on the blockchain. What data? I don't know, maybe it's only hashes, but they are putting data on the blockchain. That's a fact.
Odds are they are not building on the BTC blockchain but rather their own blockchain.

He is probably talking about ION
https://github.com/decentralized-identity/ion
It's a second layer solution on top of BTC blockchain

here is the official MS block post on it.

It's built on Bitcoin core and IPFS and MongoDB. I think Bitcoin is mainly used as a timestamping mechanism, but there you go...