What Is NEAR Protocol? A Guide to DeFi, Chain Signatures, and Multichain Apps

What Is NEAR Protocol? A Guide for DeFi and Multichain Teams

Key Takeaways NEAR Protocol is a high-performance Layer 1 blockchain optimized for DeFi, payments, chain abstraction, and AI-agent transactions where speed and cost predictability are critical. Gas fees average between $0.001 and $0.002, with finality achieved in 1–2 seconds, enabling micropayments, high-frequency swaps, and bot automation without pricing out retail users. NEAR uses Thresholded Proof-of-Stake […]

What Are Agentic Payments? How AI Agents Are Rewriting the Rules of Crypto Transactions

Suggested URL Slug: /blog/what-are-agentic-payments/ What Are Agentic Payments? How AI Agents Are Rewriting the Rules of Crypto Transactions

Key Takeaways Agentic payments are autonomous financial transactions initiated, signed, and finalized by artificial intelligence agents operating under programmatic boundaries without manual human authorization. Legacy banking and card rails fail to support machine execution because they depend on government identification, identity KYC, chargebacks, and multi-day settlement schedules. Blockchain infrastructure provides the prerequisite rails for machine-to-machine […]

Ooi Sang Kuang

Chairman, Non-Executive Director

Mr. Ooi is the former Chairman of the Board of Directors of OCBC Bank, Singapore. He served as a Special Advisor in Bank Negara Malaysia and, prior to that, was the Deputy Governor and a Member of the Board of Directors.

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