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TBD, a division of fintech company Block, which is led by CEO Jack Dorsey, announced a novel Web5 decentralized web platform at Bitcoin 2023 in Miami on May 19. The platform aims to introduce “decentralized identity and data storage” to applications, thereby allowing developers to leverage the technology to create “delightful user
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MIAMI BEACH, Florida – TBD, a division of Jack Dorsey’s financial-technology company Block (SQ), has launched a new open-source toolkit for its Web5 project, designed to make it easier for developers to create decentralized Internet applications. Source
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TBD and the Africa-focused cryptocurrency exchange platform Yellow Card recently partnered to launch a fiat on and off-ramp that enables payments in some 16 African countries through Bitcoin rails. The objective of this arrangement is to make cross-border payments not only more affordable and accessible, but compliant as well. Hedging Against
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TBD, a division of Block (formerly Square) led by CEO Jack Dorsey, launched a new venture named c= (pronounced c equals) to improve the Bitcoin Lightning Network through tools and services.The Lightning Network (LN) is a layer 2 payment network built to ease the mainstream adoption of Bitcoin (BTC) by enabling
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TBD envisioned Web5, a word that combines Web2 and Web3, to be “a public tool for good” which will be open to everyone and will build the next iteration of the internet. Although, a copyright or trademark of the term, which deters others to use it, seems to be opposite
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The partnership aims to improve people’s access to dollar-linked stablecoins in countries with rapidly devaluing currencies. Original Source
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Block’s Web5 ditches Web3’s blockchain-centric model and places Bitcoin at the forefront. Source
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The first product of the Bitcoin-focused TBD will be tbDEX. A decentralized exchange that they deem “A Liquidity Protocol” in the recently released whitepaper. The Bitcoin network is permissionless, anyone with an Internet connection can jump in at any time. However, the Fiat world we live in is not. The
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