Highlights:
- THE CCID of China has published its latest Blockchain Ranking Update
- The paper still put EOS at the top, showing its confidence on the project
- Even though the paper could be biased, it still shows the increasing acceptance of China towards Blockchain and Cryptocurrency
The Chinese CCID Research Institute has published its 14th update of cryptocurrency rankings, which gives each Blockchain project a separate score based on its technology, applicability, and creativity. The new list features 37 coins. The total number of projects ranked has grown to 37, with two projects added since the last rankings in May.
The CCID describes itself as “a first-class scientific research institution directly under the administration of the Ministry of Industry and Information Technology of China.” They explained that the evaluation model used has not changed and the projects are still being evaluated overall as well as in three other areas: Basic Technology, Applicability and Creativity.
As shown in the table, EOS led with 151.8 points, a score that is slightly lower than the previous one of 153.1. Tron displaced Ethereum to claim the second position with 141.0 points. Ethereum conceded to Tron dropping to the third position with 135.8 points.
China has made it clear that it wants to have a dominant role in the Blockchain industry even though Bitcoin remains officially banned in the communist state.