China’s Ministry of Industry and Information Technology Publishes Public Blockchain Evaluation Index

in #china6 years ago

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China's Blockchain Evaluation Index

The new public blockchain rating system recently released by China’s Ministry of Industry and Information Technology (CCID), which includes projects like Ethereum and NEO, demonstrates the Chinese government’s increased acceptance of public blockchain projects.

Additionally, the CCID’s Blockchain Research Institute has already initiated the establishment of a China Blockchain Ecological Alliance with more than 100 organizations. Atmatrix, ATN’s industrial application subsidiary, is the vice chair of the Ecological Alliance.

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ATN, the Next NEO

Atmatrix is highly recognized in China and has the backing of many governmental and industrial partners in China, similar to NEO’s Chinese company OnChain. And just like NEO with its global operations, the ATN Foundation is responsible for developing its global public blockchain.

However, what sets ATN apart from NEO, is ATN’s implementation of AI into smart contracts on the Ethereum network. The implementation of AI allows ATN to create a genuine intelligence capable of making well-informed and and appropriate decisions based on data and AI algorithms. This added advantage could potentially propel ATN to a position that puts it above NEO in terms of technology, application and innovation.

ATN is a decentralized, autonomous and cooperative AI market that aims to bring AI services to all companies, breaking down the many barriers created by monopolies, fragmented AI services, centralized control, and limited access to quality labeled data. ATN’s AI market is a breakthrough in the AI world and will help to develop smarter and more efficient AI applications that will contribute to the continual technological advancements of society, as well as increase the standard of living for all.

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