Neo
Definition of what Neo stands for (in finance):
Blockchain-based cryptocurrency using the proof-of-stake consensus mechanism and smart contracts. It is designed for high transaction rates and is targeted for use in Internet of Things (IoT) environments.
More Term Definitions
- Proof-of-Concept (PoC) Definition
- Value-Added Service (VAS) Definition
- Screen Scraping Definition
- Decentralized Autonomous Organization (DAO) Definition
- Domain Name System (DNS) Definition
