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
- International Bank Account Number (IBAN) Definition
- Exchange-Traded Fund (ETF) Definition
- Public Blockchain Definition
- Prediction Market Definition
- Batch Processing Definition
