NEO News And Price Analysis: NEO Partners With CertiK To Explore Blockchain Security. Sunday, August 5
Important NEO News
NEO Partners With CertiK
NEO wants to explore solutions to improve security over the blockchain and smart contract technologies. They have recently announced partnership with Certik, which is a formal verification platform for smart contracts and blockchain ecosystems, to enhance the security of its platform. Certik has come up with an interesting idea of formal verification, where they apply an advanced mathematical deduction to check whether a given system code meets the particular requirements. They explain that: "This formal verification framework mathematically proves that smart contracts and blockchain ecosystems are bug-free and hacker-resistant."
More Than 60 NEO dApps developed
nOSNet set up a NEO Testnet with special features to create a ground for publishing and discovering decentralized application powered by NEO Smart Contracts.
In a blog post they announced that: "The deadline for developers to submit their application to nOSNet for pre-sale access has been reached. We're excited to announce that 60+ new dApps are now running on nOS, which users can try out with nOS Client."
NEO Considered By Coinbase Custody
A list published by Coinbase Custody has moved supporters and communities of various projects and cryptocurrencies, as they are being considered to by added to their custodian services. NEO also appeared on the list, however Coinbase Custody makes it clear that it's not official, as they are simply "exploring the option of these set assets".
However, the sole consideration may mean that there are investors that show interest in storing large amount of these tokens securely, which can be a great news for NEO.
NEO Price Analysis
Looking at the NEO Price Chart from this week, it's easy to notice that it's heading rather downwards, however the same goes for most of other cryptocurrencies, as especially last days the cryptocurrency market went red. On July 30th, NEO was trading above $32, on August 3rd it seemed to bounce a bit at the $27 mark, as it raised almost to $29.
Currently, it's trading around $26.7.
NEO/USD Price Chart, Sunday August 5th:
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