Jack Dorsey is building ‘Web5’ powered by Bitcoin By Cointelegraph

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Jack Dorsey is building ‘Web5’ powered by Bitcoin

Block subsidiary TBD has announced plans to build a new decentralized web centered around (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:) in November 2021.

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