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

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 .      Decentralised
Post a Comment
Read more

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 very simple, easy way to invest and make daily rewards on
Post a Comment
Read more