NEO (formerly Antshares) is a smart asset platform and one of the first Chinese blockchain projects. It aims to connect the big Chinese market with the rest of the world. Neo’s smart asset platform combines smart contracts with digital assets, allowing for the easier creation and circulation of digital assets. The smart contracts can then be used either to introduce new functions to the digital assets or to serve some other function on the blockchain. The NEO Virtual Machine is lightweight and efficient, allowing for better functionality of the blockchain. It also utilizes a deterministic calling tree, which theoretically allows for unlimited scalability. Its implementation of Lattice-based cryptography adds a layer of quantum resistance. NEO is the primary token and digital asset that can be sent peer-to-peer over the NEO blockchain.
As China's first ever original and open source public chain project, NEO serves as a smart assets platform that accepts advanced programing languages.