Near Protocol has launched its new Blockchain Operating System (BOS) at the Web3 and innovation festival ETHDenver 2023. The BOS aims to improve the user experience on Web3. It provides a standard layer for browsing and discovering open web resources. These resources include crypto exchanges, NFT galleries, and social networks, regardless of the blockchain or Web2 backend used.
Illia Polosukhin, the co-founder of Near Protocol, discussed how the ecosystem is evolving to meet the needs of users and the launch of the Blockchain Operating System (BOS) in an interview with Turner Wright of Cointelegraph.
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The system is compatible with all blockchains and promises to deliver a composable decentralized front end for developers. According to Near co-founder Illia Polosukhin, the BOS will address user experience issues in the Web3 space. Thus, creating a single point of entry to navigate between applications or chains. The platform is expected to offer a better browsing experience for Web3 apps. Which will include faster forking of existing pieces and components.
At the time of writing, NEAR is trading at around $2.10, with a market cap of $1.82 million, ranking it as the 36th largest cryptocurrency by market capitalization, according to Coingecko.