Blockchain is causing rapid changes across all industries and specifically financial services; Forbes talks with Da Hongfei, co-founder of blockchain group NEO, about the firm’s innovative offerings; it is currently focused on smart contracts which can track the entire process of a contract with transparency and automated alerts for all parties involved; NEO also has a cryptocurrency token that is among the top 10 cryptocurrencies with a market cap of more than $1.4 billion; Forbes also discusses cross border transactions and fraud prevention where NEO is also incorporating digital identity solutions. Source
