Web5 announced by Jack Dorsey's Block to replace web3 as future of internet.
15 Jun 2022, 08:41
Web5 announced by Jack Dorsey’s Block to replace web3 as future of internet🛫🛫
Jack Dorsey announced at Consensus 2022 that TBD, the Bitcoin arm of Block, is working on a new vision for the internet – something it is calling web5. The potentially revolutionary technology will be designed to allow users to take control of their own data rather than giving it away to third parties. The mission statement for TBD reads,
“We believe in a decentralized future that returns ownership and control over your finances, data, and identity. Guided by this vision, TBD is building infrastructure that enables everyone to access and participate in the global economy.”
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