Telekom Backs NEAR’s Push for Smarter Blockchain Access

NEAR Protocol is rapidly positioning itself as a leader in AI-driven blockchain infrastructure — and Deutsche Telekom is backing the move. For both investors and crypto newcomers, this development signals more than just speed. It’s about making blockchain access simpler, smarter, and globally scalable.

Faster Blocks, Smarter Access

At the heart of NEAR’s growth is its impressive performance. The protocol now processes blocks in 600 milliseconds, with transaction finality achieved in 1.2 seconds. This means crypto transfers and smart contract interactions are confirmed almost instantly — without demanding costly hardware. NEAR’s efficient infrastructure makes it accessible for users worldwide.

Adding to this momentum is NEAR Mobile, a newly rebuilt app designed to lower entry barriers. It offers one-click onboarding, integrated staking, and cross-chain swaps, all within a user-friendly interface. A standout feature is its ‘Intents’ system, enabling users to set actions like token swaps or staking, and letting the network manage the process automatically.

Simplifying the Multi-Chain Experience

NEAR is also embracing the growing trend of chain abstraction — removing the need for users to understand which blockchain they’re interacting with. Its new Chain Signatures feature allows a single NEAR account to control assets across multiple chains using advanced cryptography, including EdDSA signatures.

New Investment Opportunities in Europe

Highlighting rising institutional interest, Bitwise has introduced the first NEAR Staking ETP on Deutsche Börse’s Xetra exchange. This regulated product offers European investors a simple, secure way to earn staking rewards by holding NEAR through a familiar, exchange-traded product.

ETPs (Exchange-Traded Products) function similarly to ETFs but can hold diverse asset types. With NEAR’s ETP, staking — a process that secures blockchain networks while rewarding participants — is now accessible to traditional investors without needing direct blockchain interaction.

Source: Altcoinbuzz

Voice of Osiz

We see NEAR’s latest moves as a bold step toward true blockchain accessibility. Integrating AI-driven infrastructure with lightning-fast transactions and chain abstraction isn’t just innovation — it’s a clear sign of where Web3 is heading. The introduction of staking ETPs in Europe marks a crucial bridge between traditional finance and decentralized assets.