Jack Dorsey’s Bitcoin project TBD kills its plan to trademark ‘Web5’ • ProWellTech
A plan which would see a corporate entity trademark the term “Web5” has been put to rest after much backlash. Late Tuesday night, TBD, the Bitcoin-focused division of Jack Dorsey’s payments company Block (formerly Square), announced an ill-thought-out plan to trademark the term, which refers to its vision for a decentralized, privacy-focused iteration of the…