As part of its rebranding, the platform will be renamed as NEO .
It is trying to position itself as the country’s version of one of the known digital cryptocurrency platforms, Ethereum. The team behind the Antshares project is collaborating with Chinese certificate authorities in mapping a real-world asset utilizing Antshares’ smart contract technology called Smart Contracts 2.0.Antshares is compatible with all coding languages, while Ethereum only works with Solidity. Antshares’ compatibility with all languages is expected to generate a bigger following of users.
The NEO team said:
“Along the rebranding to NEO, we are taking the opportunity to update the blockchain network. The Antshares network 1.x has limited smart contract functionality, so we will update it to the NEO network 2.0 with a full smart contract system. The whole update process will be done by August 8th as a celebration of our 1-year ICO anniversary. It will be another busy two weeks for all of us, so we thank you for patience and understanding of our tech focus these coming days.”
So prepare yourself and expect a bullish week for the Antshares/ Neo.