Skip to main content

China's new rating system: these 28 blockchain projects will be assessed

China's new rating system: these 28 blockchain projects will be assessed


Earlier this week the Chinese government announced the introduction of a blockchain rating system and now the 28 projects that will be rated are known.
The 28 projects that will be assessed by a scientific institution overseen by China's Ministry of Industry and Information Technology (MITT) are: Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Cardano, Stellar, NEO, IOTA, Monero, Dash, NEM, Ethereum Classic, QTUM, NANO, Lisk, Zcash, Verge, Stratis, Siacoin, Steem, BitShares, Bytecoin, Waves, Decred, Hshare, Komodo and ARK.
In the 'Global Public Chain Assessment Index', the 28 blockchain projects will be rated based on their technological capabilities and practical use cases. The China Electronic Informatio Industry Development institute (CCID) will be responsible for the rating system. In August 2017, the CCID launched a blockchain research departement in Qingdao.

source: Chepicap

Comments

Popular posts from this blog

Ripple (XRP) vs Stellar Lumens (XLM)

Considerations when deciding between XRP and Stellar Lumens With strong financial backing and a long list of partners,  Ripple  has attracted plenty of attention not only in the cryptosphere but also across mainstream media. But any analysis of Ripple inevitably draws comparisons with  Stellar Lumens (XLM) , another crypto giant focused on offering fast, reliable and affordable global payments. There are plenty of similarities between Stellar and Ripple, but also a few key differences. Read on to find out how these two cryptocurrencies stack up against one another and decide which project is best placed for success. Disclaimer:  This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. XRP vs XLM: The breakdown XRP (XRP) XRP Stellar Lumens (XLM) Stellar Lumen Description XRP is designed to offer ...

INVESMENT OPTIONS IN THE DIGITAL ASSETS/CRYPTOCURRENCY SPACE - Part 1

•  SMART CONTRACTS; Ethereum, waves, ontology, algorand, cosmos, polkadot, cardano etc. •  TOKENS; xlm, xrp, Bitcoin Cash(BCH), etc •  DEFIS; Terra, Nexo, USDN, DAI, •  Stable Coin and Algorithmic Stable coins; USDT, USDC, USDN, etc. KEY CONSIDERATIONS IN MAKING A CHOICE •  Asset Fundamentals •  Rate of adoption •  Products and services  •  Partnerships •  Incentives TYPES OF INVESTMENT OPTIONS Passive income. Example, DAI, USDN, Waves, Ethereum, Nexo, Terra, Sia etc Buy and Hold aka Hodler: Bitcoin, Ethereum, Litecoin, XLM, XRP etc Trading (Scalping, swing, day and Position Trades). Bitcoin,Litcoin, Ethereum, BCH, etc Loans: Nexo etc TYPES OF INVESMENT – PASSIVE INCOME •  PASSIVE INCOME: Algorithmic stable coins can provide daily in system referred to as Decentralized Finance Eco system (DEFIs). Examples; USDN implement a typical CBN policy for T-bills and Bonds. By implement such monetary policy, investors are presented with a ver...