Web5

TBD | Web5 : The Decentralized Web Platform

It started with Jack Dorsey’s tweet - this will likely be our most important contribution to the internet. proud of the team. #web5 (RIP web3 VCs)

What do we know so far?

“Web5 is a Decentralized Web Platform that enables developers to leverage Decentralized Identifiers, Verifiable Credentials, and Decentralized Web Nodes to write Decentralized Web Apps, returning ownership and control over identity and data to individuals”

The biggest differentiator seems to be that Web5 will be built on Bitcoin, what Dorsey, and many others, consider to be the pre-eminent decentralized network, and the only real option as a foundation for a truly decentralized web.

TBD Webpage:

Web5 | TBD

The web democratized the exchange of information, but it's missing a key layer: identity. 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. Web5 brings decentralized identity and data storage to your applications.

developer.tbd.website

TBD Slides:

Decentralized Web Platform - Public

The Decentralized Web Platform Web5: A new evolution of the Web that enables decentralized apps and protocols. LET'S GO >

docs.google.com

Forbes Article:

What Even Is Web5?

Perhaps we can't be sure, just yet. Upon reading Jack Dorsey's tweet and the presentation pack from TBD, a business unit within the Block (formerly known as Square) it sounded very much like the approach that the W3C (World Wide Web Consortium) has been working on for some time, and similar in explanation to the Avast (formerly, Evernym) team's philosophy: the twin pillars of verifiable credentials and DIDs (decentralised identifiers) being a requirement for a user-controlled, largely privacy-protecting, self-sovereign solution for digital identity.

www.forbes.com