Researchers to Create ‘Moody’s for Blockchain’ Global Rankings

A state-owned scientific institution overseen by China’s Ministry of Industry and Information Technology (MIIT) has announced that it will produce monthly assessments of blockchain projects. Revealed during a seminar on Friday hosted by the China Electronic Information Industry Development (CCID), the initiative will see the development of an independent rating system – much like a Moody’s or Standard & Poor – for the blockchain space. Dubbed the “Global Public Chain Assessment Index,” the system will initially focus on 28 major blockchain projects, looking at their technological capabilities and use cases. Established…