Bitcoin relegated in Ranking of the Ministry of Industry and Information Technology of China.
The Research Institute of the Ministry of Industry and Information Technology (MITI) of China published a list that classifies the main public Blockchains developed worldwide. The list, led by Ethereum, Lisk and Steem, located Bitcoin, the Blockchain that supports the main ecosystem cryptocurrency (BTC), was positioned in the thirteenth (13) square
The Chinese Institute for the Development of Electronic Information (CCID) rated 28 Blockchains as "the level of their technological base, their applicability and their capacity for innovation", according to the official publication. The evaluation shows Ethereum, Steem, Lisk, NEO and Komodo occupying the first five positions, respectively.
The list titled Global Evaluation Index of Public Chain Technology places Stellar, Cardano, IOTA, Monero and Stratis in the top 10 of the best developed Blockchain at the moment. Among the platforms evaluated, Steem obtained the highest score in technology base. Komodo, meanwhile, is the most innovative and NEO, the Blockchain with the most applicability of the ecosystem.
The Research Institute of the Ministry of Industry and Information Technology (MITI) of China reported that the Blockchains that would be part of the ranking should have their own main chain, be able to create a node of the public chain in a free way, have an explorer to consult the blocks, be open source code and have a web page where the person responsible for the project is identified.
Keep in mind that some of the Blockchains taken for the analysis of the index coincide are the support of some of the cryptocurrencies included in the risk assessment made by the Weiss Raitings agency. Among them are: ether, Bitcoin, stellar lumens, steem and monero; what can give a perception of which are the most important projects of the ecosystem at the moment.
The initiative of the Blockchains index points to the new evaluation of the technology that supports transactions with cryptocurrencies by the Chinese government, who in 2017 took prohibitive actions against exchange houses and initial offers of cryptocurrencies. However, according to MITI, the government plans to complete the standardization of distributed accounting for 2019. A promising promise, especially considering that China is the country with the highest number of patent applications related to Blockchain in the world.
According to the Chinese Department of Industry and Information Technology China Electronic Information Industry Development (CCID), "This independent analysis of cryptocurrencies and Blockchain's global public technology demonstrates the Chinese government's confidence in technology and will serve as a guide for the government. , the company and the research institute "
What stands out that if this analysis is not biased can give an orientation that could partially alleviate the uncertainty that exists around the cryptoactives.