This public blockchain is similar to Ethereum, and is often called the "Ethereum of China." However, it has a different mission and offers some interesting features. The main goal of NEO is to offer a platform that, based upon the information on their website (https://neo.org/), utilizes blockchain technology in combination with a digital identity to digitize assets and automate the management of those digital assets using smart contracts in order to achieve a "smart economy" using a distributed network. Where, Ethereum is (pseudo) anonymous, NEO uses digital identities.
NEO describes digital assets as anything that exists in a binary format with someone having the right to use them. There are two types of digital assets that can be used ...