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NEAR Protocol

Watch NEAR Inc. CEO Illia Polosukhin’s Web Summit Talk

Illia Polosukhin at WebSummit

NEAR Inc. CEO Illia Polosukhin took to the stage at Web Summit to talk about how the next generation of the internet, Web3, is helping create a more open, and inclusive internet.

In the talk Illia recalls his journey into blockchain while working as one of the key contributors to Tensor Flow, Google’s machine learning and AI repository.

While working there, he found a lot of barriers to sending funds across the world to the distributed teams that helped build these code libraries and so started looking into blockchain as a solution.

After his initial forays, he realised there was a bigger opportunity than just creating a more seamless way of sending money to far flung corners of the earth.

This technology had the capability to reimagine finance, community and the tools we use to govern and organise the world. So Illia and co-founder Alex Skidanov started the NEAR journey.

We won’t spoil the rest of the talk, we’ll just say it’s a fascinating exploration in to NEAR’s journey and how crypto and blockchain is evolving into a more accessible version of the web we have today.

About NEAR

NEAR is a high-performance blockchain that is designed to be super-fast, incredibly secure, and infinitely scalable. NEAR’s vision is to create a network that enables people to re-imagine finance, creativity and community in new and inclusive ways.

NEAR is built by an award-winning team of engineers and entrepreneurs to be simple to use, inclusive and good for the environment. NEAR is backed by top VCs such as A16Z, Pantera Capital, Electric Capital, Dragonfly Capital, Coinbase Ventures,, and Baidu Ventures.

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Twitter: @NEAR_Blockchain & @NEARProtocol

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NEAR is the network for a world reimagined. Through simple, secure, and scalable technology, millions are empowered to invent and explore new experiences.