Unveiling MicroStrategy Orange: a revolutionary platform aimed at reshaping how businesses manage identities using the power and security of the Bitcoin blockchain.
Read on to explore its features, potential applications, and the impact it could have on your organization.
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Introduction to MicroStrategy Orange: A Groundbreaking Platform for Bitcoin DID Apps
MicroStrategy, a company known for its ongoing Bitcoin (BTC) acquisitions, has recently unveiled a corporate-focused platform titled "MicroStrategy Orange." This initiative is designed to facilitate the construction of decentralized ID (DID) applications on the Bitcoin blockchain.
The announcement of this platform occurred during the event "MicroStrategy World: Bitcoin for Corporations 2024," as reported by Bitcoin Magazine.
Core Features of MicroStrategy Orange
MicroStrategy Orange is structured around three fundamental components: services, SDKs, and applications. At its heart is a hosted service cloud that enables organizations to issue identifiers to users within their ecosystem.
This platform empowers organizations to utilize and manage decentralized ID applications leveraging the Bitcoin blockchain.
Developers can integrate decentralized ID functionalities into apps and services using the "Orange SDK" and are also capable of deploying packaged applications.
According to an unofficial draft published on GitHub, Orange utilizes Bitcoin's "Inscription," enhancing its technological framework.
Highlighted potential applications of the platform include:
- Bitcoin applications
- Messaging platforms
- E-commerce apps
- Enterprise applications
- Social networking services
- Fintech applications
MicroStrategy is also planning to integrate Bitcoin-based decentralized IDs with various credentials such as degrees, course certificates, and medical records. This integration is expected to spawn numerous innovative use cases.
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