Jack Dorsey’s TBD announces new Web5 toolkit By Cointelegraph

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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 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 experiences, while returning ownership of data and identity to individuals,” the company shared.