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NEO

Neo announced it is joining the InterWork Alliance (IWA) as a founding sponsor member alongside Microsoft, Accenture, SDX, and Digital Asset, to realize its vision of the “Next-gen Internet” (NGI). NGD Seattle’s John deVadoss will sit on the board of directors. Other launch members include IBM, Nasdaq, UBS, Hedera Hashgraph, DID Alliance, Hyperledger, and more. The IWA is a non-profit organization that aims to empower organizations to adopt protocol-agnostic token-powered services and dApps.

Neo Global Development (NGD) announced a Neo2 TestNet upgrade to provide two important new pieces of functionality; a new state root feature, and support for the Secp256k1 curve in Neo’s cryptography module. Adding support for the curve to Neo will allow Bitcoin and Ethereum transactions and addresses to be verified with NeoVM. Together, these two features provide the foundation required for the first implementation of Neo’s cross-chain functionality.

NGD head of Eco Growth, John Wang, and Eco Growth associate manager, Denis Suslov, participated in an Ask Me Anything (AMA) event on Atomic Wallet’s official Telegram channel. In the AMA, Wang and Suslov discussed the Neo developer community, plans for Neo3, NeoFS, the recent establishment of the InterWork Alliance (IWA), and more.

NGD marketing content manager, Adam Yang, released a NeoColumn article entitled A Closer Look into the InterWork Alliance. The article highlighted what ‘interworking’ collaboration is, how the IWA intends to promote universal tokenization standards, the objectives of the IWA, examples of how tokenization templates can work in the real world, and more.

Neo co-founder, Da Hongfei, was featured in a Bloomberg article that focused on the rollout of China’s digital yuan.

Road to Neo3

Neo News Today (NNT) published an article comparing Neo’s decentralized, distributed object storage system, NeoFS, with other distributed platforms in the blockchain industry: Sia, Filecoin, and Swarm. The NNT article introduced the main concepts of decentralized data storage and considered its potential applications. Additionally, the coverage lent context that considered the advantages and challenges involved with decentralized storage, in contrast to their centralized counterparts. Lastly, the NNT report divided potential use cases into three main groups and compared how each project serves the application scenario.

NNT Catch Up

Neo News Today released part two of its interview with NGD Seattle lead, John deVadoss, in episode 32 of the NNT podcast. Discussion topics included products released by the NGD Seattle office, John’s focus on maximizing the developer experience, collaborations with Microsoft and other groups in the Neo ecosystem, and much more.

In the interview, deVadoss described how he envisions attracting over half a million developers to Neo by building a blockchain toolset that “piggybacks” on the popularity of Visual Studio Code (VS Code).

Neo St. Petersburg Competence Center (Neo SPCCannounced support for NGD Seattle’s Neo Blockchain Toolkit in the latest version of NeoGo, a Golang node implementation and smart contract compiler. In the announcement, Neo SPCC provided a full walkthrough for the installation of NeoGo, and how to use it to compile a Go smart contract.

Developer Groups

NEXT is hosting a design competition to generate co-branded Neo and NeoLine merchandise. Participants can win various amounts of NEO or GAS for their submissions, which are being collected through June 19th, 2019.

NEXT also released a NeoLine Talk article that focused on the differences between public keys and private keys.

Ecosystem

June 2nd, Nash announced its non-custodial exchange had surpassed the US $1 million daily trading milestone.

June 3rd, QLC Chain’s buyback and burn program concluded on May 31st, culminating in the burning of 20,011.267 QGAS.

June 4th, Nash announced its community had translated various versions of Nash copy into Czech, German, and French.

Token Listings

USDT and USDC listed on Nash.