Ethereum might be the most well-known dApp platform, but it’s far from the only place for smart contracts. The NEO blockchain is home to a whole dApp ecosystem of its own, and it’s thriving.
NEO’s “Smart Economy” debuted shortly after the public blockchain rebranded from Antshares in August of 2017. The Smart Economy concept combines digital assets, digital identity, and smart contracts through a distributed network for both public and private/enterprise projects.
Community developer groups – such as City of Zion, NeoResearch, and NewEconoLabs – are providing the technical support and development tools to build decentralized applications on the blockchain. In coordination with NEO core developers, these groups have created many suites of tools to decrease friction and bring on new teams.
Additionally, the NEO Virtual Machine (NeoVM) offers support for multiple programming languages. According to NEO documentation, “more than 90% of developers can directly participate in the development of an NEO smart contract without the need to learn a new language. ”
Each of these companies launched their initial coin offerings (ICO) on NEO. In the time since, their teams have developed their products on the MainNet as an integral part of the stack.Bridge Protocol
The Bridge Protocol offers Know Your Customer (KYC) and identify verification services. Users provide their personal identifying information (PII) and Bridge creates a “compliant identity” that’s tied to a public address.
By partnering with entities that require KYC verification, Bridge shares only the user information that is necessary for compliance. To upload user information, the Bridge Chrome Extension was recently released to early adopters for user testing.
Bridge envisions its project as particularly beneficial for “jumping from exchanges to retail with ease” without the need to maintain passwords for each portal.
Bridge Protocol concluded its ...