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Microsoft has developed a decentralized identification for the Bitcoin blockchain



Microsoft launches the first decentralized infrastructure, which is built directly on the bitcoin blockchain .

An open source project called Ion is based on the mechanics of how networks interact with each other. For example, if you log into Airbnb through Facebook, the software protocol sends personal information from your social profile to an external service provider.

In this case, Ion handles decentralized identifiers that allow you to prove that you own the keys to this data.

Co-founder of the World Wide Web Consortium Working Group (W3C) on decentralized identification (DID) solutions, Christopher Allen believes that Microsoft’s actions could affect the entire technology industry.

"Many corporate infrastructures use Microsoft products, " said Allen.

Therefore, if they integrate it into any of their infrastructure products, they will have access to the DID. ”

Indeed, the blockchain’s Microsoft team manager York Rhodes stated that during the year they had been working on software for signing and verifying keys based on publicly available networks, for example, Bitcoin or Ethereum . At the same time, the solution will have much more bandwidth than the base blockchain.

Highlighting the fact that Microsoft was one of the founders of the Decentralized Identification Fund, Rhodes said:

“In Microsoft, there are systems that provide you with tolerances in a corporate context; a product called Active Directory, in our opinion, should be able to recognize these DIDs as well. ”

He also added that Azure infrastructure products and services are among the most popular Microsoft offerings. This small part in a giant car can open up new powerful perspectives.

Meanwhile, an anonymous source at Microsoft told CoinDesk that this year Ion will switch from using the bitcoin test network to the main one. Thus, any technically savvy user can run a node and contribute to this project.

The difference between the internal DID and the existing infrastructure refers to users owning their own content and access. For example, Facebook may close your social network account, but will not be able to revoke access to all tools that used your Facebook ID to log in. In addition, all personal photos on Facebook will belong to the user-owner of the DID.

In this sense, Facebook may not be consistent with Microsoft’s approach. An anonymous source told CoinDesk that, although Facebook was invited to participate in Microsoft DID projects, the social networking giant refused, preferring to follow the established approach to using user data.

In addition, unlike Facebook, Microsoft prefers open source initiatives, since in the future, a “consumer orientation strategy” is the main principle of Microsoft software development.

“You may have a cloud service with the support of Microsoft Azure, but it is absolutely secure, because everything in it is encrypted using your keys that you control. Thus, you have everything under control, even if the decision is cloudy, ”Allen added.

According to experts, experiments with blockchain technology are comparable to the release of Microsoft in the past decades of Windows 95, which has helped to increase the use of the Internet through a consumer-oriented operating system.

Publication date 14.05.2019
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OKEx is going to launch futures on Tron on May 20,



OKEx Crypto Exchange announced the launch of futures contracts for Tron (TRX). A new financial product will appear on the trading platform already on May 20 at 10:00 Moscow time.

Justin Sun, CEO of the Tron Foundation, said that with the launch of the OKEx futures platform on the TRX, the number of transactions with a digital coin will reach 15 million per day. Note that on the eve of the network appeared information that the daily number of users of the platform of decentralized applications from Tron reached 100 thousand, exceeding the achievements of Ethereum and EOS.

The Tron project token currently occupies the 11th position in the cryptocurrency rating in terms of market capitalization. Recently, TRX was listed on the P2PB2B crypto exchange, and the number of smart contracts in the Tron-blockchain reached almost a thousand.

OKEx futures will be settled on a weekly, fortnightly, and quarterly basis. The maximum allowable shoulder size for this derivative is 20x. The new tool will combine data for the TRX / BTC pair, taking into account the performance of three crypto-exchanges – Binance, Huobi, OKEx.

TRX futures

By the way, this week the team Tron left Lucien Chen, technical director of the project. He explained his departure to the fact that TRX is no longer decentralized, now Chen is going to develop his own project, the Volume Network (VOL), which will strive to achieve the goals that were moved to the Tron Foundation.

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The Central Bank of Great Britain for the first time recognized the huge potential of Bitcoin



For the first time, a representative of the Central Bank of Great Britain commented positively on cryptocurrency and Bitcoin , in particular.

For a long time, the British financial regulator spoke extremely negatively about Bitcoin and doubted its reliability as a form of capital preservation.

For example, at the end of April, the Deputy Head of the Office for Markets and Financial Affairs of the Central Bank of the Kingdom, Dave Ramsden, reaffirmed the negative attitude of the regulator to the cryptosphere.

However, this week, the chief economist of the British Central Bank Andrew Haldane, during his speech to the students for the first time, acknowledged not only reliability, but also the gigantic prospects of Bitcoin. In his opinion, the largest cryptocurrency will be able to completely replace cash in the next 20-30 years.

Haldane said that he was following the development of the cryptocurrency industry and was aware of the existence of thousands of coins. Nevertheless, despite the fact that for the first time one of the influential employees of the British Central Bank noted the growing value of Bitcoin, the position of the regulator’s management is unlikely to change anytime soon, analysts say.

But it is quite possible that, following the chief economist, many other senior officials of the Central Bank will reconsider their position, and this will create conditions for the British Bitcoin regulator to be fully recognized as a reliable payment instrument.

Publication date 19/05/2019
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OKEx Exchange will launch TRON

OKEx cryptocurrency exchange announced the launch of TRON (TRX) cryptocurrency futures. TRON (TRX) futures trading will be available from 08:00 May 20, 2019 (CET, UTC + 1). Details as follows: https: // – OKEx (@OKEx) 17 May 2019 p. The new financial instrument will be available for trading on Monday, May 20. The following are the specifications of the TRON futures: […]



cryptocurrency futures

OKEx cryptocurrency exchange announced the launch of TRON (TRX) cryptocurrency futures.

The new financial instrument will be available for trading on Monday, May 20. The following are the TRON futures specifications:

Derivatives calculations will be made on a weekly, fortnightly and quarterly basis. The maximum possible shoulder size of this futures is 20x. The instrument will be based on data on the TRX / BTC currency pair from OKEx, Huobi and Binance exchanges.

OKEx also reported that more than 557 million OKB tokens were purchased and burned this week. Since the start of the program (May 4, 2019), more than 1 million native tokens of the exchange have been destroyed.

Recall the other day TRON support announced Opera browser.

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