NEO brands itself as the blockchain for the “Smart Economy”. This is something that really came across in this write up. NEO, which is China’s first original blockchain project, announced the launch of its NEO Smart Contract System 2.0, earlier this month. This also comes along with a re-branding effort from its former identity as Antshares. They don’t want to only be seen as a cryptocurrency for speculators. They believe they have true real world use cases that can create value in the new “Smart Economy”. So, what comprises the smart economy? NEO wants to integrate digital assets, digital identity, and smart contracts into its platform. When the company rebranded from Antshares and upgraded to NEO 2.0 it introduced new features, such as cross-chain protocol, quantum-resistant cryptography, a distributed storage protocol and a secure communication protocol. NEO supports faster development and deployment of smart contracts and projects, as it enables developers to build on programming languages already familiar with them providing various advanced languages in the form of compiler says Da Hongfei. NEO is positioning itself, (alongside Ethereum), at the forefront of blockchain tech with its innate support for digital identity-backed smart contracts, ability to communicate with other blockchain through a cross-chain protocol, quantum resistant cryptography, distributed storage protocol and secure communication protocol. The aim is to build a globalized smart economy. You can invest long-term in NEO I bet you will never regret.
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7 years ago in #neo by olayele (25)
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