TBD
Executive Summary
TBD was an initiative by Block (formerly Square) focused on building open-source decentralized financial services, primarily centered around Bitcoin. Its mission was to create a platform and developer infrastructure to enable broader access to the global economy, including a protocol for on- and off-ramps from fiat to digital currencies, particularly for the unbanked. However, Block announced in its Q3 2024 Shareholder Letter that it is winding down TBD, indicating a cessation of active development and investment in the project.
Use Cases
- Facilitating on- and off-ramps between fiat currencies and digital currencies, especially Bitcoin, to enable broader financial access (historical intended use case).
- Providing open-source developer infrastructure for building decentralized financial applications and services (historical intended use case).
- Enabling financial inclusion for the unbanked population by offering alternative pathways to participate in the global economy (historical intended use case).
Technical Specifications
- Architecture
- Open-source platform and developer infrastructure focused on decentralized financial services and Bitcoin protocols.
- Deployment
- Self-Hosted (intended for developers to build upon)
- API Available
- Yes
- MCP Server
- Yes
About block
Block, Inc. (formerly Square) is a technology company focused on financial services, building tools for merchants and consumers. Its ecosystem includes Square for point-of-sale and payment processing, Cash App for mobile payments and financial services, Afterpay for buy now, pay later, TIDAL for music streaming, Bitkey for bitcoin self-custody, Proto for decentralized bitcoin mining, and TBD for decentralized financial services.