MicroStrategy unveils ‘Orange,’ a Bitcoin-driven ID system, boosting digital security

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MicroStrategy has developed a new decentralized identity system called ‘MicroStrategy Orange’. During the ‘Bitcoin For Corporations’ conference on May 1, executive chairman Michael Saylor made the announcement. This method involves directly incorporating data into Bitcoin’s transaction outputs via a unique kind of Ordinals inscription, as opposed to existing identifying methods that rely on networks or sidechains. Saylor said that Orange has the capacity to process a maximum of 10,000 decentralized