Neo (“antshares”) is the first Chinese blockchain project and also a smart economy platform. In 2014, the project started and become a real-time open source project on Github in the year 2015. The main perspective of Neo (antshares) coin was the development of a “smart economy”. Thus, by the creation of a distributed network by utilization of blockchain technology. Also Neo coin platform uses digital identity to digitize the assets. Therefore, use smart contracts for automating digital assets management.
Consequently, according to the theoretical explanation provided by Neo for its smart economy system is (smart economy = digital assets +digital identity +smart contracts).
Neo (Antshares) Blockchain Platform
The digitization of assets in the Neo blockchain platform is done in an open, decentralized, trustworthy, traceable, and in a transparent manner. Moreover, the procedure is free of intermediaries and associated costs. In Neo distributed blockchain platform, users can track all the records and easily sell, buy, or circulate the different kinds of assets.
Neo coin support 2 different digital currency coins NEO coin and GAS. Also neo support programming in mostly all mainstream including c#, java, go, kotlin and python. Therefore, to provide a large number of developers to contribute to this platform.
Currently neo coin market capital is around $72,33,49,355 USD with the 24 hour volume of $47,34,94,770 USD. Neo coin, circulating supply is nearly about 7,05,38,831 NEO from the max supply of 10,00,00,000 NEO. Neo versatility and reliability make him stand in the 20th position in the cryptocurrency space.