Cryptocurrency Neo is a Chinese analogue of Ether. The token allows companies to transfer software to blockchain and digital technologies. Cryptocurrency NEO coin is a successfully developing promising project of digital money, which has advantages over competitors. NEO cryptocurrency for a long time has shown stable and non-stop growth. The volumes of NEO cryptocurrency stocks are clearly defined and limited to 100 million tokens. So far, only half of the available potential is available on the cryptocurrency market - 50 million tokens.
NEO is the cryptocurrency of the first decentralized, blockchain platform created in China. The goal of the project, as stated in its white paper, is “to be the vanguard in the effort of building a smart economy”. The latter is described as a combination of digital assets, digital identity and smart contracts and that means huge usage potential for NEO cryptocurrency.
NEO is a convenient system for the safe exchange of information and financial resources between participants in this system, without the risk of loss of their tangible assets. Despite the fact that NEO is often called the "Chinese Ether" and the fact that the Ether still holds higher positions in the cryptocurrency ratings, the Neo token has advantages that Ether does not have. NEO is much more practical and functional. This, without a doubt, opens up the potential to move Ether down in the ratings in the nearest future.
Neo describes itself as an open-source platform driven by the community. It utilizes blockchain technology and digital identities to digitize and automate the management of assets using smart contracts. Using a distributed network, it aims to create a smart economy by building infrastructures of the next-gen Internet and creating a solid foundation for mass blockchain adoption.
One revolutionary advantage of NEO platform is that the developer doesn’t need to learn a new smart contract language. With NEO one can start coding his smart contracts on using C#, Java, or any other mainstream programming language, which lowers the barrier for developers.
* Forex Rating accepts no liability for any errors in the Neo Price or NEO Information. For the most recent information please visit the Neo official site.
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