NEO and GAS | History and Information

NEO describes itself as an open network for a smart economic system. Digital identities, smart contracts and digital assets make up the “smart economy”.

What is NEO?

NEO was founded in 2014 and is a non-profit blockchain project. The young project has ambitious goals, the team wants to lead the traditional economy into the new age, the age of the “smart economy”.

NEO is often called China’s ethereum, as smart contracts are in the foreground. Trade, agreements and more can be made with smart contracts that can be written in any programming language.

What is “NEO Smart Economy”?

NEO is China’s first open source blockchain project. NEO serves as a platform for “smart assets”. Smart assets are a combination of blockchain technology and digital assets. All of this is handled by smart contracts that are efficient and legally protected by Blockchain technology.

Digital assets
Digital assets are programmable assets that are decentralized, transparent and traceable, trustworthy and free of third parties with the help of block chain technology. With NEO, users can trade and distribute different types of assets. Digital assets use digital identities that provide evidence of the links between digital and physical assets.

Digital Identities
This is information about a person or several persons or organizations that exist online. Certificates for digital identities confirm the existence and serve as secure proof. The system is based on the PKI standard (Public Key Infrastructure) X.509. Further compatible standards will follow.

Smart contracts
NEOs’ hobbyhorse are the smart contracts. Virtually all common programming languages can be used for smart contracts. In this way, developers from different areas can participate in the NEO ecosystem. The goal is that every developer can develop smart contracts quickly and easily.

The digital currency currently ranks among the top 10 of all crypto currencies. Maximum 100.000.000 Coins are available at NEO.

Buy NEO at HitBTC

With HitBTC* you can create a user account in just a few steps. Secure your account with two-factor authentication and a strong password!

HitBTC* does not require verification. Deposits and withdrawals are unlimited, regardless of verification.

You must deposit digital currencies into HitBTC to purchase NEO. The pairs BTC/NEO, ETH/NEO and USDT/NEO are offered. For a direct purchase of NEO you pay one of the crypto currency. However, you could also deposit another (faster and cheaper) crypto currency, exchange it for one of the pair possibilities and then buy NEO.

If you already own Bitcoin or any other currency, you can of course transfer it to HitBTC, exchange it for BTC, ETH or USDT and then buy NEO. If you do not yet have digital currencies or do not wish to exchange them, you can purchase digital currencies from these providers: