China Consortium Releasing First Index Of Public Blockchains

Blockchain, News | May 11, 2018 By:

The China Center for Information Industry Development (CCID) of the Ministry of Industry and Information Technology in Beijing announced the first monthly Global Public Chain Assessment Index during a seminar on public chain assessment.

The index provides a detailed review of global blockchain projects by experts in government, academia and industry.

Prof. Zhong Chen from Peking University, Prof. Jingsha He from Beijing University of Technology, Prof. Yi Sun from Chinese Academy of Sciences, Microsoft China CTO Jiang Li and other blockchain experts were invited to the conference.

The Index aims to scientifically evaluate the development level of global public chain technology and profoundly understand the trend of blockchain technology innovation. That will puportedly assist professional consulting services for the government, enterprises, research institutes, and technology developers.

The conference announced the criteria for identification of public chain objects:  1. The project should have its own independent main chain 2. The node can be freely created 3. It should have a published block explorer where block information can easily be tracked; 4. Open source code5. The project’s website page is available and the project’s team member can be contacted.

According to the criteria for the assessment of public chain assessment objects, the first batch of assessment objects were identified: bitcoin, ethereum, Ripoco, Litecoin, Bitcoin Cash, Cardano, Starcoin, NEO, Ioota, Monroe Currency, Dash, New Currency, Ethereum Classic, Quantum Chain, Nano, Application Chain, Big Zero Coin, Verge, Stratis, Cloud Storage, Stimco, Bit Stock, Bitcoin, Coin, Decred, Super Cash hcash, Komodo, ARK.

The first Global Public Chain Assessment Index will be formally announced in the following days, and the CCID’s website will serve as the only designated publishing platform for the evaluation index.

The 28 companies assessed are: Ark, Bitcoin, Bitcoin Cash, BitShares, ByteCoin, Cardano, Dash, Decred, Ethereum, Ethereum Classic, Hcash, IOTA, Komodo, Lisk, Litecoin, Monero, NANO, NEM, NEO, QTUM, Ripple, Siacoin, Steem, Stellar, Stratis, Verge, Waves, Zcash,

The seminar was hosted by Dr. Songtao Pu, from CCID Think Tank. Other attendees included Dr. Qian Liu from the CCID Think tank Software Institute, Dr. Tao Lv from the China Software Testing Center, Anlei Wei from the CCID (Qingdao) Blockchain Research Institute.