NEO is a smart contract platform and cryptocurrency. It is designed to create a smarter economy by building a network for the development and management of digital assets. NEO supports the creation of decentralised applications (dapps) and offers a platform for secure, transparent and digitised transactions. It operates on a unique consensus mechanism called Delegated Byzantine Fault Tolerance (dBFT) which allows for high speed and efficient confirmation of transactions. The cryptocurrency also supports a number of programming languages, making it easier for developers to build dapps on the platform. The value of NEO is tied to its utility as a platform for the creation and management of digital assets, and its performance in the decentralised economy.