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Market
Competitive response to 'Orange Check' by leading tech companies by end of 2024
5
Resolution / Starting Odds
Launch of similar products • 33%
Partnerships or acquisitions • 33%
No significant response • 33%
Official announcements or news reports from leading tech companies
Story
MicroStrategy Launches 'Orange Check' Decentralized ID on Bitcoin
May 2, 2024, 01:25 AM
MicroStrategy has launched a new enterprise platform named MicroStrategy Orange, which focuses on building decentralized identity applications using the Bitcoin blockchain. This initiative, referred to as 'did:btc', aims to provide a decentralized identity verification system, described as an 'orange checkmark for your email', that could potentially replace traditional verification methods like the blue check on social media platforms. The platform is open source and available on MicroStrategy's GitHub. Michael Saylor, Executive Chairman of MicroStrategy, highlighted the potential for this technology to serve as a universal standard for verified identities online, specifically for verified social media accounts using the Bitcoin blockchain.
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Similar markets
Launch similar services • 33%
Form strategic partnerships or acquisitions • 33%
No significant change • 34%
Form similar partnerships • 25%
Invest in proprietary AI development • 25%
Seek mergers or acquisitions • 25%
No significant response • 25%
Launch of similar features • 25%
Partnerships or acquisitions • 25%
No significant response • 25%
Legal actions • 25%
Introduction of similar AI features • 25%
Avoidance of similar AI features • 25%
Modification of existing AI features • 25%
No significant changes in strategy • 25%
No major competitor responds • 25%
Microsoft responds with a similar feature • 25%
Apple introduces a competing product • 25%
Amazon develops a related technology • 25%
Release similar feature • 33%
Announce development of similar feature • 33%
No response • 33%
Support • 33%
Oppose • 33%
Neutral • 34%
Increase in competitive services • 33%
Partnerships or acquisitions • 33%
No significant response • 33%
Launch of competitive ad campaigns • 33%
No change in marketing strategies • 33%
Public criticism of Apple's ad strategies • 34%
Supportive statements • 33%
Oppositional statements • 33%
No significant response • 34%
Google • 33%
Microsoft • 33%
Amazon • 33%
Direct competitive ads • 25%
No public response • 25%
Supportive statements towards physical tools • 25%
Neutral • 25%