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<ul> 
 <li>MicroStrategy has announced the development of a Bitcoin-based decentralized identity (DID) system, MicroStrategy Orange.</li> 
 <li>The system aims to provide immutable, decentralized identities, allowing individuals to control and verify their identity without relying on a central authority.</li> 
 <li>Despite its potential applications, the proposal has received mixed reactions from the crypto community due to its technical complexity.</li> 
</ul> 
<p><strong>MicroStrategy announces the development of a Bitcoin-based decentralized identity system, MicroStrategy Orange, aiming to provide immutable, decentralized identities. However, the proposal has sparked mixed reactions from the crypto community.</strong></p> 
<h2 id="strong-introducing-microstrategy-orange-strong"><strong>Introducing MicroStrategy Orange</strong></h2> 
<p>MicroStrategy Orange is a Bitcoin-based decentralized identity (DID) system introduced by MicroStrategy co-founder and Executive Chairman Michael Saylor, and Executive VP of Engineering Cezary Raczko. The system aims to provide immutable, decentralized identities, offering individuals a way to control and verify their identity without relying on a central authority.</p> 
<h3 id="strong-real-life-applications-of-orange-strong"><strong>Real-Life Applications of Orange</strong></h3> 
<p>MicroStrategy Orange and decentralized identifiers on Bitcoin could be used to verify users on social media applications, authenticate text messages or medical records. For instance, a social media app could verify a user’s DID on the Bitcoin blockchain and display an “orange check” to other users. Similarly, a medical record’s metadata could be stored on Bitcoin and used to authenticate its owner and ensure it hasn’t been modified.</p>
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Unlocking Bitcoin’s Potential: An In-Depth Look at MicroStrategy Orange’s Decentralized ID (BTC)

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