# Technical Overview

NeuralByte operates as a decentralized application (dApp) on the Ethereum blockchain, utilizing smart contracts to manage the allocation and utilization of computing resources. The core components of the NeuralByte ecosystem include:

* **NeuralByte Token:** The native utility token of the NeuralByte platform, used for accessing computing resources and participating in governance mechanisms.
* **Smart Contracts:** These autonomous contracts facilitate transactions between users and resource providers, ensuring transparency, security, and efficiency.
* **Neural Processing Units (NPUs):** Specialized hardware units optimized for AI processing tasks. NPUs are hosted by network participants and contribute their computing power to the NeuralByte ecosystem.


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