The China Center for Information Industry Development (CCID) of the Ministry of Industry and Information Technology in Beijing, today announced the first monthly Global Public Chain Assessment Index during an expert seminar on public chain assessment. The index provides a detailed review of global blockchain projects by experts in government, academia and industry.

Prof. Zhong Chen from Peking University, Prof. Jingsha He from Beijing University of Technology, Prof. Yi Sun from Chinese Academy of Sciences, Microsoft China CTO Jiang Li and other well-known blockchain experts were invited to the conference.

Zihe Huang, deputy director of the China Electronic Information Industry Development Institute, welcomed the arrival of all experts. Mr Huang indicated that we have paid great attention to the blockchain technology and industry research, specially established CCID (Qingdao) Blockchain Research Institute and set up China Ecological Blockchain Alliance, to organize parties to continuously strengthen blockchain technology, industry and policy research, strive to provide support for the government and service for the society.

Being a scientific research institute of the Ministry of Industry and Information Technology, the CCID has a strong overall strength in the information industry research and policy-making, software testing and other related fields.

The meeting introduced the latest progress of the evaluation work.  The assessment of the global public blockchain technology is carried out by CCID (Qingdao) Blockchain Research Institute mainly, cooperating with CCID Think Tank、China Software Testing Center、and other various departments, aimed to scientifically evaluate the development level of global public chain technology and profoundly understand the trend of blockchain technology innovation. This will assist to provide more professional consulting services for the government, enterprises, research institutes, and technology developers.

The conference announced the criteria for identification of public chain objects:

1. The project should have its own independent main chain
2. The node can be freely created
3. It should have a published block explorer where block information can easily be tracked;
4. Open source code
5. The project’s website page is available and the project’s team member can be contacted.

According to the criteria for the assessment of public chain assessment objects, the first batch of assessment objects were identified: Bitcoin, Ethereum, Litecoin, Ripoco, Bitcoin Cash, Cardano, Starcoin, NEO, Ioota, Monroe Currency, Dash, New Currency, Ethereum Classic, Quantum Chain, Nano, Application Chain, Big Zero Coin, Verge, Stratis, Cloud Storage, Stimco, Bit Stock, Bitcoin, Coin, Decred, Super Cash hcash, Komodo, ARK.

The decision has been made during the conference:  the first Global Public Chain Assessment Index will be formally announced in the following days, and the CCID’s website will serve as the only designated publishing platform for the evaluation index.

The 28 companies assessed are: Ark, Bitcoin, Bitcoin Cash, BitShares, ByteCoin, Cardano, Dash, Decred, Ethereum, Ethereum Classic, Hcash, IOTA, Komodo, Lisk, Litecoin, Monero, NANO, NEM, NEO, QTUM, Ripple, Siacoin, Steem, Stellar, Stratis, Verge, Waves, Zcash,

The seminar was hosted by Dr. Songtao Pu, from CCID Think Tank. Other attendees included Dr. Qian Liu from the CCID Think tank Software Institute, Dr. Tao Lv from the China Software Testing Center, Anlei Wei from the CCID (Qingdao) Blockchain Research Institute.