It is no secret that the world is facing significant challenges in the face of the COVID-19 pandemic. Neo is a global community with contributors from all over Europe, Asia, North America, South America, and Australia, and everyone’s way of life has been touched in some way by our shared adversity.

Neo is lucky in that our work is distributed and remote by nature, and so we are able to continue our mission during this crisis in ways that others are not. However, we are cognizant of the fact that in times of hardship, above all else, taking care of ourselves and our loved ones is the number one priority. We encourage the community to stay safe and follow directions issued by your local governmental authorities so that together we may defeat COVID-19 and return to a sense of normalcy.

Neo3 continued to progress in March with much discussion around its governance mechanism and the ongoing development of oracles and state root features. As a result, Neo3 Preview2 is expected to be deployed soon, which will include new features such as improved Neo-CLI commands and performance, updated Akka for better P2P, a refactored plugin engine, and more.

The Neo Foundation completed its financial review for 2019 and expects to release the 2019 Fiscal Year Financial Report in April. The report will detail expenditures and financial positioning of the Neo Foundation up until December 31st, 2019.

March also saw milestone releases from projects within the ecosystem. Incognito completed a privacy bridge between the Incognito Wallet/DEX and the Neo blockchain, offering users in the Neo ecosystem access to anonymous transactions. The NeoLogin team developed the SmartBNB protocol, a cross-chain solution intended to allow tokens on Binance Chain to use Neo smart contracts. And, Moonlight launched its MVP dubbed “Copernicus,” allowing for the creation and sharing of professional profiles, basic analytics tools, examples for attribute verification, and automated self-sovereign identity creation.

The full monthly report can be read below.