NEO is a non-profit community-driven blockchain project. It utilizes blockchain technology and digital identity to digitize assets and automate the management of digital assets using smart contracts. Using a distributed network, it aims to create a "Smart Economy". This gives individuals participating in the NEO network a digital identity, eliminating the need to maintain multiple accounts and setups.
Multiple digital asset support thanks to innovative NEO technology
Digital certificates enables a trustable chain with full legal protection for all NEO assets
Support for commonly used languages such as C#, Python, and Java makes developing new contracts a breeze
NeoVM allows for lightweight virtual machines with short startup times and theoretically unlimited execution
NEO is built with the Delegated Byzantine Fault Tolerance consensus mechanism. A holder of a NEO token can vote on which bookkeeper to support. The selected group of bookkeepers, through BFT algorithm, reach a consensus and generate new blocks. Voting in the NEO network continues in real time, rather than in accordance with a fixed term. It also provides a NeoVM virtual machine to execute contracts, interop services to manage different parts of the Neo architecture, and a DevPack to speed developer onboarding.
