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Jun 11, 2022 | Tools

Jack Dorsey’s TBD, a subsidiary of Block (aka Square), announced it’s building “Web5: An extra decentralized web platform.” In July 2021, TBD launched with the aim of creating “an open developer platform” focused on decentralized finance and Bitcoin. Its website now says it’s building a decentralized “identity layer” that returns “ownership of data and identity to individuals.”

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