Near Protocol’s New Operating System Aims To Serve As A Gateway To Web3 Products

It is reported that Ilia Polosukhin, the co-founder of Near Protocol, announced at the ETHDenver industry conference that Near Protocol, the L1 blockchain netw…

Near Protocols New Operating System Aims To Serve As A Gateway To Web3 Products

It is reported that Ilia Polosukhin, the co-founder of Near Protocol, announced at the ETHDenver industry conference that Near Protocol, the L1 blockchain network, has launched a product-priority operating system in which developers can build and users can interact as a platform. According to Polosukhin, the platform is designed to serve as a public layer for browsing and discovering Web3 products, including cryptocurrency exchanges, NFT galleries and social networks. Polusukhin said in an interview that the framework will be compatible with all blockchains (currently supporting Near protocol and Ethereum virtual machine chain), and Near will serve as a common entry point.

Near Protocol starts “blockchain operating system” to focus on user experience

Interpretation of the news:


Near Protocol, the L1 blockchain network, is making waves in the crypto world as it announced the launch of a product-priority operating system. Ilia Polosukhin, the co-founder of Near Protocol, disclosed the development during the ETHDenver industry conference. According to Polosukhin, the operating system was designed to serve as a public layer for browsing and discovering Web3 products, such as cryptocurrency exchanges, NFT galleries, and social networks.

The operating system is a significant milestone, as it provides an accessible gateway for users and developers to interact within the Near ecosystem. Near’s framework can host other blockchains, making it compatible with Ethereum virtual machine chain and all other blockchains. The operating system will, therefore, offer interoperability, enabling developers to quickly integrate other blockchains.

The Near Protocol operating system is focused on serving its users and developers up the features they care about through the prioritization of product release. With Near Protocol, developers have built Web3 products that are designed to focus on user experience and user interfaces. It prioritizes the creation of interoperable, decentralized applications leveraging different blockchain platforms.

The operating system’s unique features could make it a dominant player in the Web3 products industry, as it will offer seamless user experiences with fast transaction confirmations, easier access to smart contract APIs, and the ability to quickly build and deploy applications.

In conclusion, Near Protocol’s new operating system demonstrates the company’s dedication to providing a seamless experience for its users and developers. The platform allows developers to easily market their products to consumers, enhancing Near Protocol’s reputation as a major player in the blockchain industry. The platform’s ability to host and support other blockchain platforms signifies the development of an open technology stack essential for the future of decentralized applications.

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