The Near Protocol announced via a blog post on Wednesday that the Near Foundation has entered into a strategic partnership with SK Inc. C&C, a global leader in the IT industry. The partnership is designed to help Web3 businesses expand in the region.
NEAR Foundation and SK Inc. C&C agree to carry out joint research, share and support partners in both ecosystems and collaborate on marketing and raising awareness. The partnership with SK Inc. C&C will leverage the NEAR Foundation’s network to strengthen its technological and business growth, connecting with SK Inc. C&C’s local corporate clients to accelerate the recruitment of outstanding companies in the Korean market, the team added.
NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilize fees.NEAR is trading at $1.131, up by 1% in the last 24 hours.