Returning Ownership: Finances, Data and Identity
summary
Announcement describes a concrete stack called Web5 combining decentralized identity, user-controlled data stores, and payments rails; it pairs a TBDex protocol for competitive on‑ramps/off‑ramps with self‑sovereign identity where users grant and revoke access to their own data. Infrastructure is Bitcoin‑anchored, early SDKs and APIs are already released, the website is live, and integration deals with Fortune 500 firms are underway under NDA after about six months of focused work.
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chapters (10)
- 0:00Decentralized internet vision
- 1:06Bitcoin in decentralized finance
- 3:32Blockchain necessity critique
- 5:38Web Five initiative announced
- 8:49Web Five with Bitcoin and standards
- 10:33TBDex protocol for on-ramps
- 14:07Web Five infrastructure and identity
- 16:57Web Five development timeline
- 17:39Who should build with Web Five
- 18:41Risks of centralized platforms
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