MicroStrategy, led by Executive Chairman Michael Saylor, is developing a decentralized identity (DID) protocol based on the Ordinals Protocol. The news was announced by ORD.IO on the social platform. The Ordinals Protocol is an emerging technology that aims to provide decentralized solutions for digital identity and other applications. This move by MicroStrategy marks the company's further expansion in the field of blockchain technology, especially in providing secure, decentralized identity authentication solutions.