In an effort to improve independent blockchain ratings by the Chinese government, the China Electronic Information Industry Development (CCID) department published its first-ever crypto ratings index today, ranking 28 different cryptocurrencies

According to the index scoring, which is broken out by technology, application and innovation, Ethereum is currently the top cryptocurrency, while Bitcoin is ranked 13. Interestingly, several popular blockchain projects, like Tron (TRX), are absent from the list.

Upon assessing the results, the CCID expressed its concerns regarding the lack of China-based project:

“Although China ranks first among global blockchain-related patent applications, it can be seen from the evaluation results of public-chain technology that China is still lagging behind in this area of technological innovation. Only NEO is among the top ranked public-chain projects. Quantum chains are dominated by domestic technology teams.”

In the initial announcement, translated by Cointelegraph, the CCID shared that it compiled a group of first-rate domestic experts and scholars to provide an ‘independent analysis.’

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