Web3 Just Got Here — And Now Ex-Twitter Boss Jack Dorsey Introduces Web5

Jack Dorsey, co-founder of Twitter Inc (NYSE: TWTR) and the current CEO of Block Inc (NYSE: SQ), and his Bitcoin-focused TBD decentralized exchange team unveiled what they’re calling Web5.

What happened: TBD is a Block subsidiary with the purpose to “make it easy to construct non-custodial, permissionless and decentralized financial services” for Bitcoin (CRYPTO: BTC). TBD’s Twitter account tweeted this on Friday morning.

Web5: An extra decentralized web platformhttps://t.co/LDW3MZ8tON

— TBD (@TBD54566975) June 10, 2022
 

“Identity and personal data have become …

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