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

Post a Comment

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 ...
2 comments
Read more

DECENTRALIZED FINANCE; WHAT IS IT? – Part 1

      More than t en years gone down the lane, the block chain industry is yet to disappoint with it ever changing nature. Since the early adoption, the industry has since recorded a slow but progressive changes with the latest being the Decentralized Finance also referred to as Defi. What Decentralized Finance? ‘’DeFi is essentially just conventional financial tools built on a blockchain’’-blocknomi. These were previously built on the Ethereum network, but there is a growing number of players in this space such as Waves and Cosmos. ‘’ They are mostly predicated on open-source protocols or modular frameworks for creating and issuing digital assets and are designed to confer notable advantages of operating on a public blockchain like censorship-resistance and improved access to financial services’’ Example of a growing number of Defi Dapps on the waves platform is the Neutrino token - https://beta.neutrino.at/neutrino/usd-n ...
Post a Comment
Read more