**📢Read the article "[Introduction to NEAR-IBC | How to Implement the IBC Protocol with Smart Contracts](https://t.co/pHGPw4lbXc)" by [MixRestaking](https://twitter.com/MixRestaking)** **NEAR-IBC** is an implementation of the IBC protocol on #NEAR protocol, and is a crucial foundation component for Octopus2.0. Only after realizing NEAR-IBC can implement Octopus Network’s leased security protocol for Cosmos application chains. **Main content:** - - Basic concepts of the transport layer in the IBC protocol — IBC/TAO (client, connection, channel). - Basic concepts and use cases of the typical implementation ICS20 (IBC protocol based fungible token interchain transfer application) in the application layer of the IBC protocol — IBC/APP. - Introduction to the technical challenges and specific implementation schemes (NEAR-IBC) of implementing IBC/TAO and ICS20 on smart contract platforms (such as NEAR Protocol). - The vision of the NEAR-IBC project. #OctopusNetwork #Web3 #NEAR #NEARistheBOS