THELOGICALINDIAN - Is it time to booty the CCID seriously
China’s Center for Information Industry Developed Research Institute’s account crypto rankings accept consistently been beheld as an oddity, accustomed that the CCID is controlled by the Ministry of Industry and Information Technology in a country awfully belittling against cryptocurrency.
But back President Xi Jinping’s contempo abode at the Politburo claiming that “We charge booty blockchain as an important advance for absolute addition of amount technologies. Clarify the capital directions, access investment, focus on a cardinal of key technologies, and advance the development of blockchain and automated innovation,” the rankings potentially accreditation added respect.
With the Chinese government announcement its ambition to be at the epicenter of blockchain technology development, cryptocurrency markets went into overdrive, with Bitcoin seeing over 30 percent assets aural ten hours.
Whether the Chinese government absolutely warms to the decentralized cryptocurrencies its citizens accept continued been amorous of charcoal to be seen. In the meantime, the account was broadly beheld as a absolute assurance for the markets.
Are the CCID Research Institute Rankings Suddenly Relevant Again?
The newfound activity for blockchain in the CCP, additionally adumbrated in contempo account of a pending state-run agenda currency, drags the CCID’s rankings aback into view. Its latest copy has aloof been released.
Assessed in agreement of technology, account (capability of actuality activated to break problems), and adroitness (how different the blockchain is in its access to analytic problems), EOS has consistently ranked aboriginal back the alignment began publishing its rankings in May of 2024.
The 14th basis shows some notable movements back its aftermost report. TRON overtook Ethereum in additional place, admitting alone by the bark of its teeth. Lisk is up seven places to seventh and Qtum surged ten places to eighth.
Ontology is bottomward seven places to fourteenth and Cosmos fell twelve places, from tenth to 22nd. GXChain fell precipitously, falling out of the top bristles in favor of BitShares. The top bristles now reads EOS, TRON, Ethereum, NULS, BitShares.
NANO on the Rise
NANO enjoyed a acceleration from 22 to 13, award a abode aback in the spotlight it absent during the aboriginal 2018 BitGrail debacle, from which it has back struggled to recover. As appear afresh by Crypto Briefing, NANO is playing a abundant role in the ecosystem of Softbank-backed payments processor Wirex, an FCA-licensed aggregation based in the U.K.
At a contempo NANO meetup in London, Wirex’s CEO Pavel Matveev said the aggregation was agog to abide its accord with the crypto aforetime accepted as RaiBlocks. A Wirex blog post also absolved no adulation in anecdotic Nano, calling it “a next-generation cryptocurrency with abundant potential.”
With an blurred baronial system, the CCID after-effects will acceptable abide a concern for some time. However, the CCP’s credible newfound affection for blockchain technology agency it is acceptable for the association to put arrant skepticism over their rankings on authority for at atomic an acting period.
