Modularization and chain abstraction are an important development direction in the encryption market. Modularization mainly focuses on the development convenience of developers, while chain abstraction is conducive to the large-scale adoption of Web3 applications. EIP related to account abstraction is expected to be included in the next ETH upgrade, and the account abstraction and chain abstraction tracks are expected to usher in a real explosion.

From the earliest sharding expansion to today's chain abstraction, NEAR has been evolving its narrative theme. This year, NEAR is on the stage because of AI.

On March 20, NEAR co-founder Yilong attended the "Transforming AI" keynote speech on the same stage with Huang Renxun during the NVIDIA GTC24 conference. NEAR was labeled as an AI public chain and gained market attention.

So, is NEAR relevant to AI? Upon closer inspection, it is extremely relevant.

Illia was an AI scientist before entering the encryption industry and contributed a large amount of code to Google's artificial intelligence project TensorFlow.

In November 2023, NEAR officially released NEAR Tasks, a blockchain-based AI annotation platform. Model training demanders can issue task requests on the platform and upload basic data materials. Users can participate in answering tasks and texting the data. Manual operations such as annotation and image recognition. After the task is completed, the platform will reward the user with NEAR tokens, and these manually labeled data will be used to train the corresponding AI model.

Perhaps, Illia can proudly say: "No one understands AI better than me in the blockchain field, and no one understands blockchain better than me in the AI ​​field."

In addition to AI, Near focuses on the field of chain abstraction. Illia believes that the biggest challenge in the crypto world has always been the lack of interesting enough applications.

As more and more chains and L2s are launched, web3 becomes more and more complex. The chain abstraction advocated by Near makes everything convenient and simple: allowing users to use one NEAR account to control accounts on different chains and complete all transactions in one interface without worrying about wallets, network switching and transaction fees.

At the same time, standing at the forefront of AI&web3, NEAR uses chain abstraction to create a better encryption future, which is worth looking forward to! #near