Blockchain NEO Platform Opens Seattle Office Directed by Ex-Microsoft Exec

The Chinese blockchain NEO platform will open a bureau in Seattle, the US, said in an official statement issued on February 15 to Cointelegraph. Former Microsoft CEO John deVadoss will run the new office.

The NEO Global Development (NGD) office in Seattle will open this month and begin hiring, enabling the company to expand to the US market. According to a statement, NGD has developed partnerships with Microsoft and other companies.

According to Erik Zhang, founder of NEO, Seattle's reputation for technological talent was one of the main advantages of establishing new offices: "Seattle has huge resources for developers and a strong innovation atmosphere. NEO has always attached great importance to technological development."

daVadoos, who will run the office, previously worked in Microsoft and co-founded text messaging service. In Microsoft, deVadoss developed .NET in competition with Java / J2EE.

NEO "uses blockchain technology including digital identity to digitize property and automate digital asset management by smart deals," in a way called "China Ethereum."

The network was established in 2014, and the main network was launched in October 2016. NEO is currently developing NEO 3.0, upgrading its blockchain, which will "offer faster transaction speeds, greater stability, and expandable application programming applications for Smart Deals."

The name of the NEO brand currently has a market capitalization of $ 530 million and is traded for $ 8.19, which is more than three percent of that day, says CoinMarketCap.


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