Microsoft's Bitcoin-Based Identity Tool with Daniel Buchner - WBD231
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 12 June 2020
⏱️ 69 minutes
🧾️ Download transcript
Summary
Location: Zoom Date: Thursday 28th May Project: Microsoft Role: Head of Decentralised Identity
Social media is omnipresent with most all of us have a Twitter, Facebook or Google account, using them every day for both personal and business. We build connections, relationships and trust through them. However, these companies implement strict controls over the content on their platforms with shadowbanning and deplatforming growing.
The controls which they enforce on their platforms can have further-reaching consequences. As well as offering access via a standard email and password, most websites also provide the option to login via a Facebook, Twitter or Google account. If one of those services decides to deplatform you, then you could lose your account with any associated websites.
To solve this issue and improve on the nature of IDs, Microsoft has launched their Decentralised Identity program in which they offer users a decentralised personal identifier, which is under your control, using the most immutable and secure solution; Bitcoin.
In this interview, I talk to Daniel Buchner, Head of Decentralised Identity at Microsoft to discuss how a Bitcoin-based decentralised identity system works. We also talk about libertarianism, coronavirus and the protests over the death of George Floyd.
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Transcript
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| 0:00.0 | What we're most care about is entering stuff in the most immutable, hardened record |
| 0:05.3 | imaginable and right now that's Bitcoin. |
| 0:09.8 | Hello there from Bedford how are you all? |
| 0:11.8 | Welcome to the what |
| 0:12.7 | Bitcoin did podcast which is brought to you by the mighty Kraken the best place to |
| 0:16.0 | buy it sell and trade Bitcoin I'm your host Peter McCormack and today I have an |
| 0:19.7 | interview with Daniel Buckner the head of Microsoft Microsoft Decentralized Identity Program, but before that I do have a message from my amazing show sponsors. |
| 0:27.0 | So first up to date we have the future of Bitcoin and Financial Services, which is BlockFi. Have you checked out their new mobile app yet? |
| 0:34.2 | They really did an amazing job with this. |
| 0:36.6 | Everything you expect from BlockFi packed into your phone. They have a very quick and easy |
| 0:41.4 | way to sign up. You can get started in just a few minutes |
| 0:44.4 | allowing you to earn interest, borrow a U.S.D and instantly access your portfolio. |
| 0:49.2 | You can also open up a BlockFi interest account which I am a customer of and you can earn interest on your |
| 0:54.0 | Bitcoin and using your Bitcoin's collateral you can take out a USD loan. The app enables funds to be |
| 0:59.8 | transferred directly from a crypto wallet into your Blockfire account and they've also got loads more stuff coming soon. |
| 1:06.7 | Amazing work Blockfire if you want to find out more head over to Blockfire.com |
| 1:09.7 | which is BLO k f F I dot com. |
| 1:13.4 | Also we have the mighty Krakan and why is that the best place for you to buy your |
| 1:17.4 | Bitcoin firstly their security is world-class they are the most trusted |
| 1:21.8 | cryptocurrency exchange in the market and with their 24-7 365 |
| 1:25.8 | customer support they can help you with any issues wherever you are whoever you are |
| 1:30.0 | they have the most comprehensive sweeter tools available for buying Bitcoin. |
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