Block is no longer just a payments company, says Jack Dorsey

in #lsdkhls • 2 years ago

Block CEO Jack Dorsey told investors that they were no longer just a payment company. The company is entering the cryptocurrency and blockchain ecosystem with a strong focus on Bitcoin. Dorsey says;

We are no longer just a payment company. Much has changed since our last investor days.

The block, formerly known as Square, was launched in 2009. At the time, the company focused on creating a credit card reader for mobile phones. However, it has expanded its operations into areas such as peer-to-peer payments and banking products, including the cash app.

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2 years ago in #lsdkhls by
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