{"id":2039,"date":"2019-07-01T14:22:49","date_gmt":"2019-07-01T14:22:49","guid":{"rendered":"https:\/\/icoholder.com\/blog\/?p=2039"},"modified":"2025-06-03T15:47:11","modified_gmt":"2025-06-03T15:47:11","slug":"decentralized-identity-blockchain-innovation-is-accelerating","status":"publish","type":"post","link":"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/","title":{"rendered":"Decentralized Identity Blockchain Innovation Is Accelerating"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Lalit_Bansal\" >Lalit Bansal<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Advisor_Founder_and_CEO_%E2%80%93_EIY_SYS_Director_%E2%80%93_Revinfotech\" >Advisor | Founder and CEO &#8211; EIY SYS | Director &#8211; Revinfotech<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Microsoft_is_working_on_a_decentralized_open_source_identity_network_based_on_the_Bitcoin_blockchain_What_do_you_think_about_it\" >Microsoft is working on a decentralized open source identity network based on the Bitcoin blockchain. What do you think about it?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Do_you_think_it_makes_sense_to_have_a_diverse_cryptocurrency_portfolio_or_just_bitcoin\" >Do you think it makes sense to have a diverse cryptocurrency portfolio or just bitcoin?<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Timo_Trippler\" >Timo Trippler<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#ICO_ADVISOR_ICO_FUNDRAISING_CEO_Board_Member_Investment_Manager_Risk_Manager\" >ICO ADVISOR | ICO FUNDRAISING | CEO | Board Member | Investment Manager | Risk Manager<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Microsoft_is_working_on_a_decentralized_open_source_identity_network_based_on_the_Bitcoin_blockchain_What_do_you_think_about_it-2\" >Microsoft is working on a decentralized open source identity network based on the Bitcoin blockchain. What do you think about it?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Do_you_think_it_makes_sense_to_have_a_diverse_cryptocurrency_portfolio_or_just_bitcoin-2\" >Do you think it makes sense to have a diverse cryptocurrency portfolio or just bitcoin?<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Simon_Cocking\" >Simon Cocking<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Senior_Editor_at_Irish_Tech_News_Editor_in_Chief_at_CryptoCoinNews_business_mentor_and_advisor\" >Senior Editor at Irish Tech News, Editor in Chief at CryptoCoinNews,\u00a0business mentor and advisor.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Microsoft_is_working_on_a_decentralized_open_source_identity_network_based_on_the_Bitcoin_blockchain_What_do_you_think_about_it-3\" >Microsoft is working on a decentralized open source identity network based on the Bitcoin blockchain. What do you think about it?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Do_you_think_it_makes_sense_to_have_a_diverse_cryptocurrency_portfolio_or_just_bitcoin-3\" >Do you think it makes sense to have a diverse cryptocurrency portfolio or just bitcoin?<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Giovanni_Casagrande\" >Giovanni Casagrande<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#ICO_Advisor_Cryptocurrency_Investor_Growth_Hacker\" >ICO Advisor, Cryptocurrency Investor &amp; Growth Hacker<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Microsoft_is_working_on_a_decentralized_open_source_identity_network_based_on_the_Bitcoin_blockchain_What_do_you_think_about_it-4\" >Microsoft is working on a decentralized open source identity network based on the Bitcoin blockchain. What do you think about it?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/icoholder.com\/blog\/decentralized-identity-blockchain-innovation-is-accelerating\/#Do_you_think_it_makes_sense_to_have_a_diverse_cryptocurrency_portfolio_or_just_bitcoin-4\" >Do you think it makes sense to have a diverse cryptocurrency portfolio or just bitcoin?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h3><\/h3>\n<h3><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2042 size-medium\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/23234@2x-298x300.jpg\" alt=\"Decentralized identity blockchain innovation\" width=\"298\" height=\"300\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/23234@2x-298x300.jpg 298w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/23234@2x-150x150.jpg 150w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/23234@2x-60x60.jpg 60w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/23234@2x.jpg 602w\" sizes=\"auto, (max-width: 298px) 100vw, 298px\" \/><\/strong><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"Lalit_Bansal\"><\/span>Lalit Bansal<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h6><span class=\"ez-toc-section\" id=\"Advisor_Founder_and_CEO_%E2%80%93_EIY_SYS_Director_%E2%80%93_Revinfotech\"><\/span>Advisor | Founder and CEO &#8211; EIY SYS | Director &#8211; Revinfotech<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p><a href=\"https:\/\/www.linkedin.com\/in\/l-k-bansal\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1875\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x.png\" alt=\"Decentralized identity blockchain innovation\" width=\"30\" height=\"30\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x.png 64w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x-60x60.png 60w\" sizes=\"auto, (max-width: 30px) 100vw, 30px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/twitter.com\/lalitbansal81\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1873\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-2@2x.png\" alt=\"\" width=\"30\" height=\"30\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-2@2x.png 64w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-2@2x-60x60.png 60w\" sizes=\"auto, (max-width: 30px) 100vw, 30px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/icoholder.com\/en\/ico-advisors\/lalit-bansal-8936\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1891\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder.png\" alt=\"\" width=\"30\" height=\"30\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder.png 64w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder-60x60.png 60w\" sizes=\"auto, (max-width: 30px) 100vw, 30px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td>Entrepreneur, CEO, Top Advisor, Crypto Enthusiast, Blockchain expert, Investor, and Speaker are the major features that describe my best. As a leading entrepreneur with more than 14 years of experience, my mission is to develop a culture of entrepreneurship, helping start-ups achieve their full potential as well as helping to expand existing companies.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h5><\/h5>\n<h5><\/h5>\n<h5><span class=\"ez-toc-section\" id=\"Microsoft_is_working_on_a_decentralized_open_source_identity_network_based_on_the_Bitcoin_blockchain_What_do_you_think_about_it\"><\/span><strong>Microsoft is working on a decentralized open source identity network based on the Bitcoin blockchain. What do you think about it?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p data-pm-slice=\"1 1 []\">The software giant, Microsoft is making a breakthrough with its year-long effort by building a decentralized identity (DID) network atop of the Bitcoin Blockchain verification system \u2014 a prime example of decentralized identity blockchain innovation \u2014 that will allow users to have secure access to an online persona via an encrypted database hub.<\/p>\n<p>The company said the infrastructure, known as the Identity Overlay Network (ION), is based on an evolving set of open standards developed in conjunction with the Decentralized Identity Foundation.<\/p>\n<p>A Blockchain-based ID system depends upon a digital wallet that serves as a repository for all kinds of personal and financial data \u2013 info that can only be shared after a specific request and only with the permission of the owner who holds the public key.<\/p>\n<p>The decentralized identifier network, dabbed ION (Identity Overlay Network), is based on a protocol called Sidetree that can run on any Blockchain. Sidetree is designed to tackle one of the biggest challenges faced by DID networks \u2013 Scalability. If running directly on Blockchains, DID networks would not be able to accommodate all transactions because current Blockchains operate at just tens of transactions per second. As Microsoft senior program manager Daniel Buchner wrote in the blog post, this is \u201cnowhere near the volume a world full of DIDs would demand.\u201d<\/p>\n<p>Thus the ION team develops the Sidetree protocol that creates DID networks as the second layer on top of existing Blockchains, similar to the Lightning Network. Buchner noted that they have since observed tens of thousands of DID operations per second on low-powered consumer reference hardware after implementing the second layer architecture.<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Do_you_think_it_makes_sense_to_have_a_diverse_cryptocurrency_portfolio_or_just_bitcoin\"><\/span><strong>Do you think it makes sense to have a diverse cryptocurrency portfolio or just bitcoin?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>Let\u2019s take away all the noise around Cryptocurrencies and reduce it to a simple definition. In simple words, they are just limited entries in a database no one can change without fulfilling specific conditions. This may seem ordinary, but believe it or not, this is exactly how a currency is defined. A Cryptocurrency like Bitcoin consists of a network of peers where every peer has a record of the complete history of all transactions and therefore of the balance of every account.<\/p>\n<p>Once the transaction is done, it is no longer forgeable, it can\u2019t be reversed. It is part of an immutable track record of historical transactions of the so-called Blockchain.<br \/>\nIt is not to say that investing in other Cryptocurrencies is bad. Each investor needs to calculate their own risks and rewards to decide whether Altcoin is a good fit for their goals or not. But it is clear that no other currency is a good hedge against Bitcoin. It is possible for other Cryptocurrencies to take over Bitcoin but it would have to show far more utility first and be able to grow itself to be competitive with Bitcoin\u2019s network before the Bitcoin ecosystem has a chance to add the same feature.<\/p>\n<p>Bitcoin owners can expect that its usefulness will only grow over time.<\/p>\n<p>Bitcoin will now move higher over the next few weeks and months, making steady gains for investors. If done correctly, buying and selling Bitcoin can mean big profits. It\u2019s made a lot of money for people in the past and still is today.<\/p>\n<p>Bitcoin is still largely perceived as a speculative tool and is yet to find its competition in the real world.<\/p>\n<p>So, there\u2019s is no need to have a diverse Cryptocurrency portfolio because BTC will emerge as the eventual winner.<\/p>\n<p>&nbsp;<\/p>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2041 size-medium\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/2342@2x-298x300.jpg\" alt=\"Decentralized identity blockchain innovation\" width=\"298\" height=\"300\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/2342@2x-298x300.jpg 298w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/2342@2x-150x150.jpg 150w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/2342@2x-60x60.jpg 60w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/2342@2x.jpg 602w\" sizes=\"auto, (max-width: 298px) 100vw, 298px\" \/><\/h3>\n<h3><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"Timo_Trippler\"><\/span>Timo Trippler<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h6><span class=\"ez-toc-section\" id=\"ICO_ADVISOR_ICO_FUNDRAISING_CEO_Board_Member_Investment_Manager_Risk_Manager\"><\/span>ICO ADVISOR | ICO FUNDRAISING | CEO | Board Member | Investment Manager | Risk Manager<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p><a href=\"https:\/\/www.linkedin.com\/in\/timotrippler\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1875\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x.png\" alt=\"\" width=\"30\" height=\"30\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x.png 64w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x-60x60.png 60w\" sizes=\"auto, (max-width: 30px) 100vw, 30px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/icoholder.com\/en\/people\/timo-trippler-8046\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1891\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder.png\" alt=\"\" width=\"30\" height=\"30\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder.png 64w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder-60x60.png 60w\" sizes=\"auto, (max-width: 30px) 100vw, 30px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td>Timo Trippler is an ICO Advisor and entrepreneur with FinTech and InsurTech industry background. He is an expert in financial market and risk management with 12 years of experience in financial transactions. He advised various successful ICO projects and manages multiple cryptographic fund portfolios.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Microsoft_is_working_on_a_decentralized_open_source_identity_network_based_on_the_Bitcoin_blockchain_What_do_you_think_about_it-2\"><\/span><strong>Microsoft is working on a decentralized open source identity network based on the Bitcoin blockchain. What do you think about it?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p data-pm-slice=\"1 1 []\">I welcome any kind of advancement in blockchain technology. We are only at the beginning of a technology that will positively change our daily lives! Any kind of research and development is helpful to make the new technology more effective and to use the new possibilities even earlier. Both the work of big players and the work of start-up companies are enormously important for this. Decentralized identity blockchain innovation, such as Microsoft&#8217;s current initiative, plays a crucial role in accelerating the adoption of Blockchain solutions in the market.<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Do_you_think_it_makes_sense_to_have_a_diverse_cryptocurrency_portfolio_or_just_bitcoin-2\"><\/span><strong><b>Do you think it makes sense to have a diverse cryptocurrency portfolio or just bitcoin?<\/b><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>Diversification in the portfolio is essential for risk minimation. It makes sense to spread your money among several TOP cryptocurrencies in the portfolio! The only question is how many of the TOP cryptocurrencies should be in the portfolio. This depends on the investment objective and the investment horizon of the investor. Whole books are written about this topic and a consideration of the investment objective and the expected return of investment is necessary here. The volatility of the individual crypto currencies plays a major role here. The higher the volatility of each cryptocurrency the higher the overall risk of the entire portfolio. In this topic, I advise you to get professional help to assess all risks. Basically you should never invest in just one cryptocurrency, but choosing the right cryptocurrencied is the key to success.<\/p>\n<p>&nbsp;<\/p>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1892 alignleft\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/SimonC@2x.png\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/SimonC@2x.png 300w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/SimonC@2x-150x150.png 150w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/SimonC@2x-60x60.png 60w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"Simon_Cocking\"><\/span>Simon Cocking<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h6><span class=\"ez-toc-section\" id=\"Senior_Editor_at_Irish_Tech_News_Editor_in_Chief_at_CryptoCoinNews_business_mentor_and_advisor\"><\/span>Senior Editor at Irish Tech News, Editor in Chief at CryptoCoinNews,\u00a0business mentor and advisor.<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p><a href=\"https:\/\/www.linkedin.com\/in\/simon-cocking-20540135\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1875\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x.png\" alt=\"\" width=\"30\" height=\"30\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x.png 64w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x-60x60.png 60w\" sizes=\"auto, (max-width: 30px) 100vw, 30px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/twitter.com\/SimonCocking\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1873\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-2@2x.png\" alt=\"\" width=\"30\" height=\"30\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-2@2x.png 64w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-2@2x-60x60.png 60w\" sizes=\"auto, (max-width: 30px) 100vw, 30px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/icoholder.com\/en\/ico-advisors\/simon-cocking-1972\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1891\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder.png\" alt=\"\" width=\"30\" height=\"30\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder.png 64w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder-60x60.png 60w\" sizes=\"auto, (max-width: 30px) 100vw, 30px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td>Simon Cocking is a Senior Editor at Irish Tech News, an Editor in Chief at CryptoCoinNews, and a freelances for Sunday Business Post, Irish Times, Southern Star, IBM, G+D, and other publications. He is also a business mentor and advisor working with 20+ successful ICOs to date. He has also been named on 10 global Twitter influencer lists in the last 12 months.<\/p>\n<p>He is an accomplished public speaker at events including TEDx, Web Summit, Dublin Tech Summit, and overseas in Dubai, Singapore, Moscow, Tel Aviv, Madrid, Tbilisi, Riga, Porto, Dublin and Helsinki in the last 12 months.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h5><\/h5>\n<h5><\/h5>\n<h5><span class=\"ez-toc-section\" id=\"Microsoft_is_working_on_a_decentralized_open_source_identity_network_based_on_the_Bitcoin_blockchain_What_do_you_think_about_it-3\"><\/span><strong>Microsoft is working on a decentralized open source identity network based on the Bitcoin blockchain. What do you think about it?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>It makes sense, all the major FANG companies + MS are working out how to use blockchain. I imagine they might also be working on non bitcoin blockchains too.<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Do_you_think_it_makes_sense_to_have_a_diverse_cryptocurrency_portfolio_or_just_bitcoin-3\"><\/span><strong>Do you think it makes sense to have a diverse cryptocurrency portfolio or just bitcoin?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>Bitcoin has the brand recognition, but with that comes the higher price and smaller margins. Also just buying bitcoin now, would very much be following the herd. It depends why you are investing and what you are looking for. Other coins offer potentially bigger returns, but all come with more question marks attached to them &#8211; will they gain a large enough audience and utility? Will they win in their own particular niches, for example privacy coins, stable coins, payments solutions? It&#8217;s a more volatile area, but as always, more risk brings potentially more rewards, or losses. Be smart and do you research and due diligence before investing!<\/p>\n<h3><\/h3>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2040 size-medium\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/234234@2x-298x300.jpg\" alt=\"Decentralized identity blockchain innovation\" width=\"298\" height=\"300\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/234234@2x-298x300.jpg 298w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/234234@2x-150x150.jpg 150w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/234234@2x-60x60.jpg 60w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/07\/234234@2x.jpg 602w\" sizes=\"auto, (max-width: 298px) 100vw, 298px\" \/><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"Giovanni_Casagrande\"><\/span>Giovanni Casagrande<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h6><span class=\"ez-toc-section\" id=\"ICO_Advisor_Cryptocurrency_Investor_Growth_Hacker\"><\/span>ICO Advisor, Cryptocurrency Investor &amp; Growth Hacker<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p><a href=\"https:\/\/www.linkedin.com\/in\/giovanni-casagrande-%E2%9C%85-219a68159\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1875\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x.png\" alt=\"\" width=\"30\" height=\"30\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x.png 64w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-5@2x-60x60.png 60w\" sizes=\"auto, (max-width: 30px) 100vw, 30px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/twitter.com\/giannicasa\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1873\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-2@2x.png\" alt=\"\" width=\"30\" height=\"30\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-2@2x.png 64w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/02\/Group-2@2x-60x60.png 60w\" sizes=\"auto, (max-width: 30px) 100vw, 30px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/icoholder.com\/en\/people\/giovanni-casagrande-862\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1891\" src=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder.png\" alt=\"\" width=\"30\" height=\"30\" srcset=\"https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder.png 64w, https:\/\/icoholder.com\/blog\/wp-content\/uploads\/2019\/03\/icoholder-60x60.png 60w\" sizes=\"auto, (max-width: 30px) 100vw, 30px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td>Blockchain and ICO Maestro I\u2019m a believer in the power of decentralization and the remarkable impact it can have on our lives. I\u2019m a writer, public speaker, investor, advisor and connector in the space. Fortuned enough to lived in the transition, I bring two decades of traditional business experience coupled with the new decentralized frontier.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Microsoft_is_working_on_a_decentralized_open_source_identity_network_based_on_the_Bitcoin_blockchain_What_do_you_think_about_it-4\"><\/span><strong>Microsoft is working on a decentralized open source identity network based on the Bitcoin blockchain. What do you think about it?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p data-pm-slice=\"1 1 []\">I think Microsoft could make something very big with a decentralized identifier network, because with ION (Identity Overlay Network), that is based on a protocol called Sidetree, it could run on any blockchains \u2014 it&#8217;s a very important thing. I like very much the idea; their Secure Identification Platform will allow users to own their personal data and keep it from the prying eyes of marketers and others. This kind of decentralized identity blockchain innovation has the potential to redefine how we manage and protect digital identities.<\/p>\n<p>Also, the Microsot Blockchain team i&#8217;m sure will do something incredible, Their Decentralize Identifier (DID) Network will run with Bitcoin Blockchain (i don&#8217;t like this blockchain)<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Do_you_think_it_makes_sense_to_have_a_diverse_cryptocurrency_portfolio_or_just_bitcoin-4\"><\/span><strong>Do you think it makes sense to have a diverse cryptocurrency portfolio or just bitcoin?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p data-pm-slice=\"1 1 []\">Yes, it&#8217;s always a good idea to have different cryptocurrency in your own portfolio \u2014 only BTC is too restrictive. As the crypto space evolves with projects like decentralized identity blockchain innovation, diversification becomes even more important to capture the full potential of emerging technologies.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lalit Bansal Advisor | Founder and CEO &#8211; EIY SYS | Director &#8211; Revinfotech &nbsp; Entrepreneur, CEO, Top Advisor, Crypto Enthusiast, Blockchain expert, Investor, and &hellip; <\/p>\n","protected":false},"author":8,"featured_media":2043,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,38],"tags":[18],"class_list":["post-2039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-blockchain","category-experts","tag-blockchain"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Decentralized Identity Blockchain Innovation Is Accelerating<\/title>\n<meta name=\"description\" content=\"Decentralized identity blockchain innovation empowers users with control over personal data and boosts Web3 security - 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