Bank of America Praises NEAR Protocol Alongside Polkadot & Cardano

Bank of America (BAC) has issued a research note highlighting the innovative approaches employed by blockchain protocols like NEAR Protocol, Polkadot, and Cardano. The report recognizes that these platforms are leveraging new methods to improve the critical balance between scalability, decentralization, and security.

The Near protocol is part of a new generation of blockchains such as Cardano, Solana, and Polkadot that are employing creative techniques to improve the trade. Bank of America 'Praises' Near' for its advancements in this area. Congrats to the NEAR Protocol team including Illia Polosukhin, Marieke Flament, Alex Chiocchi, Lei Lei, Robert Tsai, Pavel Kudinov, Bowen Wang, Ayoung Jeon, and Eduardo Ohe!

Protocols like Near, Polkadot, and Cardano are using new approaches to improving the tradeoff between scalability, decentralization, and security, the report said. NEAR Protocol, a blockchain platform designed to mitigate common scaling issues while prioritizing network usability, is gaining recognition. While the protocolo Near es parte de una nueva generación de blockchains, como Cardano, Solana y Polkadot, que se está centrando en enfoques novedosos pa, Near Protocol faces challenges, its focus on usability is noteworthy.