What is Nano Coin (What is the Nano Coin Subsidiary)
Nano Coin According to cryptoglobe\’s report, many listed companies in the block
Nano Coin According to cryptoglobe’s report, many listed companies in the blockchain industry have announced plans to relocate their headquarters to the United States. It is said that most of these companies’ businesses are related to cryptocurrencies, including Nasdaq and Franklin Templeton Investment Group.
Moreover, it is pointed out that “as Bitcoin becomes more popular, it becomes more attractive to enterprises.” Therefore, they decided to establish a startup called Neo to develop a product and service that can reduce costs and improve performance. “NEO” aims to establish a distributed, scalable, and fair market through a “permissionless network” (without the involvement of third parties), secure verification, and decentralized technologies such as the NEAR protocol.”
What is the Nano Coin Subsidiary
According to official news, Neo, a blockchain company listed on Nasdaq, has a new project under its subsidiary called “NEONetwork” with the codename NEO. It is a digital asset obtained through integration with Distributed Ledger Technology (DLT). The project’s names are “Neo” and “NEO.”
According to the introduction, “NEO” is the native currency of the NEAR Protocol. It uses sharding to expand performance and can support more applications, networks, and other features. Its characteristics include decentralization, openness, security, and developer-friendliness. “Nano” is an application platform built on EOSIO that allows users to create their own virtual machines to run their dApps while accessing various services and protocols.
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