In a recent report, Microsoft has announced that it contemplates designing two Blockchain ID products which will give users the power of controlling personal information. The first one is “Identity Hub”, an encrypted personal data store. The second one is a “wallet-like app” for managing these permissions to their data, including the ability to revoke them when desired.

According to Microsoft, Azure will provide the platform for the first product – Identity hub. The storage will consist of user’s personal information backed up on cloud storage by Azure. Hence, the data will be inaccessible by third parties without permission. This will lead to reduction in issues like data breaches or identity thefts.

The other product will be a wallet-like app which users can use for managing permissions to their data. For the development of these two products, World Wide Web Foundation (W3C) has lend its support.

The main idea of the team is to base these two products on Decentralised Identifiers (DIDs), provided by W3C. Further, Microsoft clarified that due to the distributed ledger technology, users will have complete control on thoverr data.

Microsoft said that it wants to build an interoperable ecosystem between industries that can build huge level of trust between them and customers. The release date of the products based on blockchain is not yet public. But this initiative on their part shows that the company is preparing itself to emerge as the leader.