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China’s MIIT picks 30 blockchain projects for Global Public Chain Technology Evaluation

The CCID Blockchain Research Institute last week released the initial list blockchain projects included in its Global Public Chain Technology Evaluation.

The China Electronic Information Industry Development (CCID) is scientific research institution under the Ministry of Industry and Information Technology (MIIT) in China. In August 2017, it launched a blockchain research institute in Qingdao.

The MIIT has selected 30 projects for the Global Public Chain Technology Evaluation program – up from 28 projects chosen during the last evaluation round. There are strict criteria for short listing the projects and only those public chains that meet all the criteria can be included. The technical evaluation of the public chain considers the basic technical, applicability and creativity of a public chain.

Nebulas, a public blockchain that has made it to the list along with blockchain projects like EOS, said:

“Nebulas is a next generation public blockchain, aiming for a continuously improving ecosystem. It has an original blockchain value discovery system, future-oriented incentive and consensus mechanism, as well as the self-evolution ability to avoid hard fork. Nebulas mainnet was launched in March this year and has operating for nearly three months. Currently there are about 3,000 dApps on the mainnet, which surpasses Ethereum in number, and high-quality applications are continuously emerging on Nebulas mainnet.”

The initiative is organized by the blockchain institute of MIIT in collaboration with the CCID think tank of the Chinese Academy of Telecommunication Industry Development and China Software Testing Center. It aims to provide an objective review of the technological development of the top global public blockchains and insights into blockchain trends and innovations. The evaluation index will be released regularly every month.

After the conclusion of the current batch of assessment, the applications are expected to be opened for other blockchain projects to be evaluated by the MIIT in August.

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