{"id":6186,"date":"2021-07-15T23:58:38","date_gmt":"2021-07-15T22:58:38","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=6186"},"modified":"2021-07-16T00:19:33","modified_gmt":"2021-07-15T23:19:33","slug":"square-is-building-an-open-developer-platform-for-decentralized-financial-services","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/square-is-building-an-open-developer-platform-for-decentralized-financial-services\/","title":{"rendered":"Square is building an open developer platform for decentralized financial services"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">Square had announced it is building <a href=\"https:\/\/coinscreed.com\/staging\/hope-for-desperate-crypto-users-as-reality-show-cast-users-locked-out-of-their-wallets-to-help-them-remember-their-passwords.html\" data-type=\"post\" data-id=\"5235\">a hardware wallet<\/a> earlier this month,  more recently, according to the CEO Jack Dorsey, Square is now building a bitcoin-focused open developers platform.<\/h5>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"710\" height=\"400\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/Square-is-building-an-open-developer-platform-for-decentralized-financial-service.png\" alt=\"Square is building an open developer platform for decentralized financial services \" class=\"wp-image-6187\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/Square-is-building-an-open-developer-platform-for-decentralized-financial-service.png 710w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/Square-is-building-an-open-developer-platform-for-decentralized-financial-service-300x169.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/Square-is-building-an-open-developer-platform-for-decentralized-financial-service-355x200.png 355w\" sizes=\"(max-width: 710px) 100vw, 710px\" \/><\/figure>\n\n\n\n<p>According to tweets from <a href=\"https:\/\/www.google.com\/search?q=Square+is+building+an+open+developer+platform+for+decentralized+financial+services&source=lmns&bih=568&biw=1366&rlz=1C1SQJL_enNG889NG889&hl=en-GB&sa=X&ved=2ahUKEwip8_vklObxAhVFYBoKHYp-AzIQ_AUoAHoECAEQAA\" target=\"_blank\" rel=\"noopener\">Square CEO Jack Dorsey<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>, the company is launching a new business line to assist developers in developing Bitcoin-focused financial services applications.<\/p>\n\n\n\n<p>Square is \u201cbuilding an open developer platform with the sole objective of making it easy to create non-custodial, permissionless, and decentralized financial services,\u201d according to a tweet from Square CEO Jack Dorsey on Thursday.<\/p>\n\n\n\n<p> He stated, &#8220;Our primary emphasis is #Bitcoin.&#8221; A corporate spokeswoman declined to provide any additional information.<\/p>\n\n\n\n<p><a href=\"https:\/\/coinscreed.com\/staging\/cryptocurrency-bank-cashaa-is-coming-to-india.html\" data-type=\"post\" data-id=\"6001\">Cash App<\/a>, Square Seller goods, and the music-streaming service Tidal, which it bought earlier this year, are the three business lines of the San Francisco-based digital payments startup. Dorsey has long wanted to expand Square into a larger company with a lot of independent divisions.<\/p>\n\n\n\n<p>Dorsey has also long been a proponent of Bitcoin, announcing last month that Square is developing a hardware wallet for the cryptocurrency. In February, the corporation also reported that Bitcoin currently accounts for 5% of its assets.<\/p>\n\n\n\n<p>He tweeted on Thursday, &#8220;Like our new #<a href=\"https:\/\/coinscreed.com\/staging\/hope-for-desperate-crypto-users-as-reality-show-cast-users-locked-out-of-their-wallets-to-help-them-remember-their-passwords.html\" data-type=\"post\" data-id=\"5235\">Bitcoin hardware wallet<\/a>, we're going to do this totally in the open.&#8221; \u201cAn open roadmap, an open development process, and an open-source project.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Square had announced it is building a hardware wallet earlier this month, more recently, according to the CEO Jack Dorsey, Square is now building a bitcoin-focused open developers platform. According to tweets from Square CEO Jack Dorsey , the company is launching a new business line to assist developers in developing Bitcoin-focused financial services applications. [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":6187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83],"tags":[152,481,1312],"class_list":["post-6186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-jack-dorsey","tag-square"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/Square-is-building-an-open-developer-platform-for-decentralized-financial-service.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/6186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=6186"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/6186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/6187"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=6186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=6186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=6186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}