China Ranked EOS 1st, BTC 17th

in #eos6 years ago


The second round of monthly cryptocurrency ratings supported by the Chinese government and blockchain projects has been released, Cena News reports on June 21.

This latest round, known as the Global Technology Assessment Index of the Public Channel, was announced at the Shanghai Science Hall on June 20 and placed on the 17th at EOS 1, Ethereum (ETH) 2nd and Bitcoin (BTC). Rank. 30 crypto change analyzed.
China's Global Public Television Technology Rating Index is published by the China Information Technology Development Center (CCID) of the Ministry of Industry and Information Technology. from "First Level National Experts". to the press release of the original index.
The highest EOS score is attributed to the "extraordinary technical advantages in the effectiveness of the transaction confirmation, network performance and transaction costs" of the protocol.
Despite recognizing EOS Mainnet's recent failures, as the network has encountered technical and critical issues since it began its June 15 hun- dred account due to the freezing of some accounts, the evaluation considers the project "very active in technological innovation" Next Generation Public Distribution Channel. "It's currently being considered more by the industry."
The Index was described as a monthly "independent analysis" that assesses global blockchain projects based on their technological capabilities, utility and innovation. It was first announced in May to make up for what the Chinese government sees as "the lack of a fully independent evaluation" of crypto and blockchain projects.
As stated in this Cointelegraph report earlier this month, China has put all its weight on blockchain technology, even following a strong line against cryptocurrencies and initial coin deals (ICO).
The CCID said the new monthly index will show "Chinese government confidence" in the blockchain and serve as the "leader" for the country's technological advance guard.
Last month, an initiative backed by the country's IT department led to the creation of its own committee dedicated to consolidating "national" Blockchain standards by the end of 2019.
In the last prominent case, Chinese President Xi Jinping cited the blockchain as an example of a "new generation" of technologies, the "advances" in "rebuilding the map of global innovation and restructuring the structure" are accelerating the global economy. "

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Thanks for sharing this article.

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I think, China has taken a good step in crypto market

China is a cleave country. There might be some strategy inside

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