Jack Dorsey’s financial-technology company Block (SQ) has launched a new open-source toolkit for its Web5 project, aimed at simplifying the development of decentralized Internet applications. TBD, a division of Block, released the toolkit to provide developers with a streamlined process for creating decentralized applications. The Web5 project is focused on creating a decentralized web, where users can access applications and services without relying on centralized intermediaries. The toolkit is available on the TBD website, and developers can access it for free. This move is part of the growing trend towards decentralization, which is gaining momentum in the tech industry. The Web5 project is just one example of how companies are working to create a more decentralized web, which could revolutionize the way we use the internet. As Jack Dorsey himself has said, “The internet will have a native currency. I don’t know if it’s bitcoin, but I believe it will be.” With the launch of this toolkit, TBD is helping to advance the development of decentralized applications and move us closer to a more decentralized web.
About the author - J-S Tremblay
I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...
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