Evolution of blockchain

To understand NEAR's mission, we must first look at the evolution of blockchain throughout the years:

  1. Bitcoin: Create an open money system without control by any single entity.

  2. Ethereum: Have an open money system and allow this system to be built upon freely. This came to be known as Decentralized Finance, or DeFI.

  3. NEAR: Push the Open Web to scale the benefits of blockchain to everyone and all devices such as phones.

The Open Web is a general term that encompasses concepts such as open standards, open-source code (meaning the code is public), transparency, free expression, and inclusion for all on the internet.