NEO Cryptocurrency Review – is Much More than a “Chinese Ethereum”

NEO Cryptocurrency Review – is Much More than a “Chinese Ethereum”. Neo Coin is a non-profit blockchain project that uses digital identity and blockchain technology to automate the management of digital assets using smart contracts and create a smart economy on a distributed decentralized network.

The Gas coin of Neo is what is used to fuel Dapps and the ability to create smart contracts, similar to Ethereum using Ether. One can generate Gas by holding Neo in the NEON wallet.

The NEO team believes that technology is the main driver of progress and together everyone can create the future. With that, they aim to help create the smart economy of the future.

iqoption NEO Cryptocurrency Review - is Much More than a “Chinese Ethereum”

iqoption NEO Cryptocurrency Review - is Much More than a “Chinese Ethereum”

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

NEO Cryptocurrency Review – is Much More than a “Chinese Ethereum”

Neo was created to allow for the ability of coders who invest into the NEO platform (using GAS) to actively create decentralized apps, DAOs and a lot more in the NEO community.

Part of Neo helping to create a digitized and tokenized economy will require digital identity.

Using NEO, organizations, individuals, and entities will be able to create an electronic version of their identity for easy accessibility and a quicker verification of who a person is.

NEO incorporates some of the most advanced concepts in modern cryptography and blockchain technology. This has allowed them to provide numerous benefits and solve a number of problems that are associated with traditional eco systems.

One of the other great benefits that NEO has is the amount of langauges that it supports. Unlike Ethereum which relies on its own language, Solidity, NEO has support for some of the most popular languages including C#, C++, Java and Python amoung others.

The NEO development team are also really active and have become more engaged with the community. They are also promoting the coin in a number of other jurisdicitions.

NEO Cryptocurrency Review – is Much More than a “Chinese Ethereum”

Leave a Reply