n nn nn Microsoft is leveraging blockchain technology to create a trustless digital identity scheme, but its not launching a token or building a private blockchain to do so. Its building on Bitcoin instead.Announced on May 13, 2019, Project ION is an open-source, Layer 2 network built out of the public key infrastructure protocol Sidetree. In practice, it is akin to Lightning, in that there is no secondary consensus among ION nodes, a source close to the networks

Source and More information: Microsoft Is Building an ID Verification Platform on Bitcoin

Author: CryptScout.com