Payment service 'Square' changed its name to 'Block'

Twitter founder Jack Dorsey has announced that the payment service 'Square ' has changed its name to ' Block'. As a business, the name 'Square' will continue to be used.

Introducing Block

Square, Inc. Changes Name to Block

Founded in 2009, Square is involved in the personal money transfer service ' Cash App ' using smartphones, the music and video streaming service ' TIDAL ', and the open forum ' TBD54566975 ' for developers.

Co-founder and CEO Jack Dorsey said, 'We have made Square a brand for our seller business.' 'Block is a new name, but the goal is economic empowerment. No. No matter how we grow and change, we will continue to create tools to increase access to the economy. '

Due to the impact of the company name change, the name of ' Square Crypto ' for the purpose of popularizing Bitcoin will also be changed to 'Spiral'.

However, there are no other changes, and the stock market ticker symbol will continue to use 'SQ'.

in Web Service, Posted by logc_nt