Blockchain

Story: NEO Smart Economy Recreating the way People Collaborate with Each Other Using Blockchain…

By Dan Saada

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NEO Smart Economy Da Hongfei

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NEO has been discussing on making smart contracts secure. NEO has been trying to establish that the code is the only thing trustable, keeping in mind that hackers are everywhere.

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NEO Smart Economy tweeted:  “As a smart contract developer, it is critical to know that your code is the only thing you can trust.

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Some of the users who have hacking tendencies are going to look for vulnerabilities in the smart contract. If there are options, they are going to exploit it.

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Sydney Ifergan, the crypto expert, tweeted:  "NEO Smart Economy is working to ensure a stable coin to help investors survive volatility.  Good about it.”

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Da Hongfei, Founder of NEO, spoke about the “Next Generation Internet for Digital Economy” in the past during BlockShow Asia.

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First, I kept Bitcoin, between 2011 and 2016, then Bitcoin and Altcoin. And, then from 2016 to today, it is all about blockchain.

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Da Hongfei was asked about what he thinks is missing to build the internet in the right way.

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He replied, “There are two major problems with today's internet. I summarize it as horizontal isolation and vertical friction.

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And, the second issue is vertical friction. We are still living in a world where the digital world and the biological world are separated.

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When asked if he was trying to recreate the universe, Hongfei stated, it is not the universe, but we are recreating the way that people collaborate together. 

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NEO is a protocol for digital assets is looking for infrastructure stuff. He stated two kinds of application are crucial to the NEO ecosystem.

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