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Jack Dorsey is building ‘Web5’ powered by Bitcoin

2022.06.11 00:41

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

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.

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