• Near Protocol is transitioning from a sharded, proof-of-stake layer-one blockchain to a Blockchain Operating System (BOS).
• BOS is a product-first platform that developers can build on and users can participate in.
• The BOS will offer features such as asset creation and management, smart contract implementation, composable decentralized applications, developer tooling and socialization features.
Near Protocol Shifts to Become Blockchain Operating System
Near Protocol has announced its shift to become what it calls a “Blockchain Operating System” or BOS. According to Near, this shift marks an important turn towards building user-centric experiences in the Web3 space. With the system, users will gain access to the protocol’s suite of operations platforms and utilities.
Benefits of the BOS
The BOS offers several benefits for developers and users alike. Developers are able to take advantage of pre-built frameworks and libraries for user profiles, payments, notifications, and platform search without having to host on a localized server or a cloud container. Meanwhile, users can find all their Web3 apps conveniently in one place with easy navigation between them.
Features of the BOS
The components offered by Near Protocol’s Blockchain Operating System include asset creation and management, smart contract implementation, composable decentralized applications as well as developer tooling and socialization features. Additionally, operators such as crypto exchanges NFT galleries projects can use seamless bridging across wallets from different chains using the BOS framework.
Near Protocol previously outlined this shift in 2022 as part of its 2023 roadmap with prospects of becoming an industry first category. Co-founder Illia Polosukhin further discussed these plans during ETHDenver industry conference where he highlighted how the composable decentralized front ends could work with any Web 2 or 3 back end wallet via seamless bridging.
Overall Near Protocol’s transition into a full fledged Blockchain Operating System signals new possibilities for developers building on Web3 platforms while creating improved experiences for everyday users who want easy access to all their web 3 apps under one roof.