Payment giant Square changes name to Block, shifts focus to blockchain
Square, known for its iPhone-connectible portable credit card reader, will be refocusing its business and be known as Block starting on December 10.
Image Credit: Block
Square was founded by former Twitter CEO Jack Dorsey in 2009 and launched its first platform in 2010. The company first focused on creating a portable credit card reader that allowed retailers to accept payments from smartphones.
Read more...