United States · Information Technology & Services
Information Technology & Services
Artificial Intelligence
Blockchain
NEAR Protocol is a high-performance Layer 1 blockchain platform designed for speed, security, and scalability. It supports the creation and deployment of decentralized applications (dApps) across various sectors, including decentralized finance (DeFi), non-fungible tokens (NFTs), gaming, and AI. NEAR utilizes a unique sharding technology called Nightshade and a delegated proof-of-stake consensus mechanism known as DoomSlug, enabling rapid transaction speeds of up to 100,000 transactions per second with low gas fees. The platform's native token, NEAR, is used for transaction fees, network security through staking, and governance participation. NEAR Protocol enhances user experience with features like human-readable account names and allows users to interact with dApps without needing a wallet. The ecosystem is supported by the NEAR Foundation, which promotes growth through grants and innovation. NEAR also focuses on integrating AI, enabling autonomous AI agents to operate securely on the blockchain, facilitating a new internet experience where AI serves users directly.
2018
Founded
Information Technology & Services
Industry
United States
Location
27,632
Ranking
200 employees
Size

Get full access to view complete information
