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Jack Dorsey-backed TBD Launches New Web5 Toolkit to Decentralized the Internet

MIAMI BEACH, Florida – TBD, a division of Jack Dorsey’s financial-technology company Block (SQ), has launched a new open-source toolkit for its Web5 project, designed to make it easier for developers to create decentralized Internet applications. The collection of technologies includes tamper-proof, self-owned identifiers similar to email addresses or usernames called decentralized identifiers (DIDs); secure digital certificates called verified credentials (VCs) that provide legal proof of things like name, age, and ownership of assets; and decentralized web nodes (DWNs) that store data in a decentralized way.

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