Published On: Sat, May 12th, 2018

China’s CCID Creates ‘Global Public Chain Assessment Index’

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The China Center for Information Industry Development (CCID), an arm of China’s Ministry of Industry and Information Technology, announced the creation of the Global Public Chain Assessment Index — a set of criteria for public blockchains for research and development purposes. It’s the latest sign that China’s powers-that-be are doing their homework on, and not simply rejecting, blockchain tech. 
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An Emphasis on Public Blockchains
With the permission of China’s Ministry of Industry and Information Technology, the CCID dove into distributed ledger technology and created a new index — the Global Public Chain Assessment Index — to help innovators in the country gain their bearings.
The monthly index, announced at a Beijing conference on public blockchains, was actualized through the coordination of officials, techies, and academics across several domestic organizations, including:
CCID’s Blockchain Research Institute CCID Think Tank The China Software Testing Center The conference in action.
In the very least, the new tool shows that the Chinese government …

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