What is NEO? It has been dubbed the “Chinese Ethereum,” and this description goes a long way to illustrate what it does: provides a native Chinese platform for tokens and decentralized applications, similar to Ethereum but with important technical differences.
NEO exists to bring the blockchain to Chinese developers, businesses, financial institutions, and even the government. Its tokens and decentralized applications can do anything the Ethereum network is capable of doing, with decentralized applications able to be programmed in several programming languages.