AntShares, the Chinese answer to all that is Ethereum is re-branding to "NEO" as part of it's serious push to position itself, not just in its country of origin but on the global stage.
The guiding team backing the project is currently working with certificate authorities in China to realise an asset structure technology which has been labelled as Smart Contracts 2.0 Among other innovations supporting the utility of AntShares is the fact that it is capable of cross-chain interoperability.
To date there are many parallels drawn between AntShares and Ethereum, however the clear advantage for AntShares is that it is compatible with all coding languages, allowing for a bigger share of development backing. Ethereum by contrast is only open to those able to code with Solidity.
The completion of the re-branding of AntShares is set to take place by the end of 2017 and even with the new website launch target being pushed back from 24 July to August the large support community are positive that the marketing will help sell a serious ecosystem to the western investor demographic. Whilst the future looks exceedingly bright for NEO in particular, crypto investors are still wary to go all-in and many are waiting to see what the outcome of the Bitcoin SegWit activation will be on Aug 1.
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