Microsoft Partners Blockchain Firms to Develop Legal-ID System

By June 1, 2016Bitcoin Business

Microsoft is partnering with ConsenSys , an Ethereum-coder collective, and Blockstack Labs, an application stack for decentralized, server-less apps secured by the blockchain, in trying to improve the state of the millions of people – mostly children – who face severe challenges from having no legal identity.

The partners are engaged in a long-term project to employ blockchain-based solutions to the challenge of legal identity, Microsoft noted in a blog on its Microsoft Azure website. Microsoft Azure is an open cloud-computing platform.

The identity issue was explored during the recent ID2020 Summit in New York City. Alarming Identity Statistics

One and a half billion people – a fifth of the world’s population – lack proper identification.

A third of the children under five years old don’t officially exist since they have no birth records.

A total of 230 million children under the age of five have no birth certificate, a number that is growing.

A total of 50 million children – the population of the United Kingdom – are born with no legal identity.

These “invisible” people are vulnerable to child abuse, trafficking and prostitution. To address this problem, “Target 16.9″ of the United Nations Sustainable Development Goals is striving to give everyone some form of legal identity, including birth registration, by 2030. To make this task easier to manage, ID2020 has developed a goal to provide scalable, legal digital identity by 2020. Forum Looks To Technology The ID2020 forum seeks to bring together the technology sector and those who bring a working knowledge of the cultural and social challenges. To achieve progress, the forum has worked with parties knowledgeable about blockchain technology.Microsoft has partnered with ConsenSys, Blockstack Labs and others on a blockchain-based identity system that permits people, apps, products and services to interoperate across cloud providers, blockchains and organizations. Microsoft wants to […]

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