Despite the Opposition, China has shown in the past year, compared to crypto-currencies and Blockchain technologies, for example, by the closure of crypto-exchanges and ICOs, shows China now has a positive attitude towards Blockchain technologies.
During the recent technology investment conference at 11. May 2018 in Beijing announced that the Chinese government via the Department for the development of the electronic information technology (CCID), the publication of monthly independent reviews of various crypto-currencies and Blockchain-companies a Global Public Chain Assessment Index.
The Global Public Chain Assessment Index will create a detailed report of 28 crypto-currencies and their valuation of crypto-currency experts, researchers and the government.
With the creation of Monthly Reports by the Ministry of industry and information technology, the government will be able to manage different technologies such as Bitcoin and observe.
The Monthly Independent Analysis
The inclusion of this independent report on virtual currencies and global Blockchain projects shows not only the trust of the Chinese government in this growing technology, but also the importance of the report as a point of reference for the government, research institutions, and companies interested in learning more about the different crypto-currencies and to know their performance.
China seems to be the Blockchain to see the market as an innovative industry, and to promote, as this market shows how future industries might look like and how people in the future will act.
Led by the CCID, the 28 virtual currencies, which are included in the opening report: Bitcoin, Ethereum, Siacoin, NANO, Waves, BitShares, Nem, Komodo, NEO, Stellar, Bitcoin, Cash, IOTA, Stratis, Qtum, ByteCoin, List, Decred, Steem, ark., Cardano, Litecoin, Dash, Monero, Hcash, edge, Ethereum Classic and Zcash.
According to the CCID report will also contain information to stakeholders in the crypto-Ecosystem. These include Zcash, BitShares, Waves, IOTA, Verge, Ripple, Stratis, NANO, ByteCoin, Stellar, List, Siacoin, Monero, Steem, Qtum, and Stellar.
The China Center for Information Industry Development (CCID) believes that the scientific assessment of the global public Blockchain technologies will allow for a better understanding of the trends in Innovation and their level of development.
The CCID also announced the basis for the identification of public chain projects. Public chain projects must meet the following criteria to be included in the report:
These announcements are a shock to many and mark a Change in the attitude of the Chinese government to virtual currencies and Blockchain technologies.
In the middle of last year, imposed in China, an Embargo against all ICOs. The change in the direction of the Blockchain-technologies shows that crypto-currency is an innovative Trend that can not be overlooked.