About NEO
Neo is a software ecosystem designed to function as a platform that can be used to create, deploy, and utilize decentralized applications (dApps), services, and products. Frequently compared to Ethereum due to its robust smart contract functionality, Neo can be used to create dApps that support social media, prediction markets, decentralized finance (DeFi) and decentralized exchange (DEX) platforms.
Other features of the Neo ecosystem include decentralized file storage, oracle systems that facilitate off-chain data use, and decentralized identity solutions.
Neo smart contracts offer users the ability to store, transact, and circulate a broad spectrum of different assets, andallows users to link real-world assets to on-chain tokens. A significant distinction between Neo and other blockchain networks is its focus on regulatory compliance, which requires that all Neo users undergo identity verification. NEO price is updated and available in real-time on Binance.
