All Updates

All Updates

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Product updates
NEAR Protocol enhances digital identity solutions with launch of NEAR Name Tokens
Web3 Ecosystem
May 30, 2024
This week:
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GrayMatter Robotics raises USD 45 million in Series B funding to accelerate AI-powered robotics solutions
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Plant-based Meat
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SurrealDB raises USD 20 million in Series A; launches beta version of Surreal Cloud
Data Infrastructure & Analytics
Jun 20, 2024
Web3 Ecosystem

Web3 Ecosystem

May 30, 2024

NEAR Protocol enhances digital identity solutions with launch of NEAR Name Tokens

Product updates

  • NEAR Protocol, a layer-1 blockchain, has launched NEAR Name Tokens, a digital identity solution.

  • NEAR name tokens serve as a cross-platform, multichain digital identity for Web3 users. Their key features include a streamlined wallet address that functions across multiple blockchain networks and has the potential to be used as infrastructure identifiers on these networks. 

  • These can also be cross-platform usernames on decentralized platforms and serve as verifiable credentials for various services and platforms across SportFi, SocialFi, GameFi, and DeFi.

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