At nOS, we aim to build the fundamental platform that allows for mainstream adoption and development of Decentralized Applications (dApps) and the Smart Economy.

What is Smart Economy?

If you’re not familiar with the definition of Smart Economy, it’s a term which was originally introduced by the NEO blockchain:

Digital Assets + Digital Identity + Smart Contracts = Smart Economy

Being involved with the Smart Economy for a while now (NEO, City of Zion, VDT.Network, nOS), I quickly came to realize that Smart Economy entails one more unnamed factor:

Interoperability

The ability to utilize assets and functionalities from one project on another.

For example:

The nOS dApp SmartT utilizes Master Contract Token for ticket payments.

utilizes for ticket payments. Voteo (also a nOS dApp) lets poll creators set a minimum requirement for tokens held in order to vote. For example, QLC Chain could create a poll or survey that is exclusive to people who hold at least 100 QLC Tokens.

Voteo on nOS

In my personal view, the Smart Economy entails projects like these. Projects that work together, towards a new era of decentralized internet and finance.

So, Digital Assets, Digital Identity, Smart Contracts, and Interoperability is what truly makes the Smart Economy.