Jack Dorsey is building ‘Web5’ powered by Bitcoin

Cointelegraph

Published Jun 10, 2022 04:08PM ET

Updated Jun 11, 2022 06:00PM ET

Block subsidiary TBD has announced plans to build a new decentralized web centered around Bitcoin (BTC), underscoring founder Jack Dorsey’s belief that the largest blockchain network will play a major role in the internet’s evolution.

The new project, called “Web5,” represents the latest Bitcoin-centric endeavor to be pursued by Dorsey since stepping down as CEO of Twitter (NYSE:TWTR) in November 2021.

Block has a lofty vision of "evolving the Web" by prioritizing identity management. Source: Block

Continue Reading on Coin Telegraph