Last Month, an inactive backed by the country's IT Ministry resulted in the formation of specialist commitee

The second round of China's state-backed monthly ratings of cryptocurrencies and blockchain projects has been released , News reported on JUNE 21.

Dubbed the "Global Public Chain Technology Evaluation Index",this latest round was announced at the Sanghai Science Hall on JUNE 20,and ranks EOS 1st,ETH 2nd and BTC 17th, out of a total of 30 analyzed cryptocurrencies.

China's monthly "GLOBAL PUBLIC CHAIN TECHNOLOGY EVALUATION INDEX" is published by the "CHAINA CENTER FOR INFORMATION INDUSTRY DEVELOPMENT(CCID) of the ministry of industry and information Technology,and is said to be compiled by "first-rate domestic experts and scholers", according to the original index press release.

EOS top ranking is attributed to the "outstanding technical advantages in transaction confirmation efficiency, network throughout, and transaction costs" of the protocol.

CCID has said that the new monthly index domenstrates "the cinfidenceof the Chinese Government" in blockchain, and ill serve as a "guide" for the country's technological vanguard.