Square, a payments company owned by Twitter CEO Jack Dorsey, has just announced it plans to launch an open platform for developers of non-custodial, inclusive and decentralized financial services.
Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services. Our primary focus is #Bitcoin. Its name is TBD.
According to Jack Dorsey, the business, which will be lead by Mike Brock, Square’s strategic lead, will be focused on the leading cryptocurrency. Sources say he is already building his team.
The Twitter CEO has highlighted that the project, which will be managed directly by Square, will be based on openness, and as a result, it will have a roadmap as well as development and source code.
The project, whose details will be shared in the coming days and weeks, plans to create its own pages on Twitter and Github.
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