Image: Marco Bello/ AFP

Jack Dorsey, the former Twitter CEO, announced his plans on Twitter to build a new platform, ‘Web5’, which will be a co

Jack Dorsey plans to build 'Web5' based on Bitcoin

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2022-10-06 19:00:29

Image: Marco Bello/ AFP Jack Dorsey, the former Twitter CEO, announced his plans on Twitter to build a new platform, ‘Web5’, which will be a combination of Web3 and Web2, on the Bitcoin blockchain. The platform aims to fix the issue of securing personal data. The company stated on its website, “We struggle to secure personal data with hundreds of accounts and passwords we can’t remember. On the web today, identity and personal data have become the property of third parties.”

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