Thoughts on Block's / Jack Dorsey's new DID+VC direction?

Coin Telegraph article (June 10): Jack Dorsey is building ‘Web5’ powered by Bitcoin <https://cointelegraph.com/news/jack-dorsey-is-building-web5-powered-by-bitcoin>

A few quotes:
"Block subsidiary TBD has announced plans to build a new decentralized web centered around Bitcoin”
"Web5 utilizes ION”
"Web5 is essentially a decentralized web platform, or DWP, that allows developers to create decentralized web apps via DIDs and decentralized nodes”

TBD’s web5 website: https://developer.tbd.website/projects-index <https://developer.tbd.website/projects-index>

A few notes:
The components listed are DIDs, decentralized web nodes ("implementation of DIF's emerging decentralized personal datastore standard”), and a self-sovereign identity service and SDK ("that handles the full Verifiable Credentials lifecycle”).

I’m sure some of the people involved in this are part of this group! But curious more generally — what do you all think of this effort?

(Apologies if this has already been shared here!)

Liam

Liam McCarty
CEO, Founder of Unum ID <https://www.unumid.co/>
Forbes 30 Under 30 | Stanford Physics
www.LiamHaleMcCarty.com <https://www.liamhalemccarty.com/>

Received on Tuesday, 14 June 2022 20:48:08 UTC