Near Protocol Launches Blockchain Operating System
- Near Protocol has launched a product-first operating system that developers can build into and users can interact on as a single platform.
- The platform is intended to act as a common layer for browsing and discovering Web 3 products, such as crypto exchanges, non-fungible token (NFT) galleries and social networks.
- The Near protocol currently ranks as the 35th largest blockchain in terms of market capitalization, with a market cap of around $1.96 billion.
Focus on User Experience
Near Protocol’s newly launched product-first operating system focuses on user experience. Developers can build the platform into their applications and users can interact on it as a single platform. The goal of the framework is to provide a common layer for browsing and discovering Web 3 products such as crypto exchanges, non-fungible token (NFT) galleries, and social networks. In addition to this, developers have access to built-ins such as profiles, payments, notifications, searching and more without needing to host anything themselves.
Compatibility With All Blockchains
The new operating system will be compatible with all blockchains including Near Protocol and Ethereum Virtual Machine chains. Near will act as the common entry point for these different platforms allowing users to easily move between them without having to manage multiple wallets or accounts. This allows users access to a wide range of Web 3 products under one umbrella while maintaining security through its blockchain infrastructure.
At the time of writing, Near Protocol ranked as the 35th largest blockchain in terms of market capitalization with a total value of around $1.96 billion USD. Its NEAR token was trading at around $2.28 each according to data from Messari.
“Composable Decentralized Front Ends”
Polosukhin also spoke about what he termed “composable decentralized front ends” that offer developers an opportunity to build better apps faster by leveraging existing components while still maintaining control over their own codebase.. He noted that this framework could work with any Web 2 or Web 3 back end along with any wallet which would allow seamless bridging between different blockchains in future updates.