There is a clear similarity between NEO and Ethereum, the second largest by market capitalization, after Bitcoin. Both are not just an electronic currency, they are projects that enable the creation of digital assets, smart contracts and blockchain applications.
On the NEO platform, users can issue and trade assets, tokens distributed here to prove ownership of assets, rather than property itself. This simplifies the process of transferring shares, equity and assets.
Notably, NEO does not decentralize, so it can not fork its own blockchain. That's because Mr. Da designed NEO to comply with Chinese regulations, he coded it to become fast and easy for the whole network upgrade or change the speed, if necessary. without waiting for the consent of other users.