China has released an update to its ranking that places blockchain platforms in a list based on how they score on a number of indicators.
The latest rankings, updated last week, have the EOS (EOS) blockchain top of the list ahead of the world’s largest cryptocurrency by market cap bitcoin (BTC).
While EOS (148.5 points) retained its place at the apex according to the Center for Information and Industry Development, Bitcoin moved up three places on the list with 101.7 points. The other crypto platforms in the top five according to the update were Tron, Ethereum, Steem, and Ontology in that order. The research center says it evaluated 35 public blockchains.
The CCID, a government-sponsored platform, provides an indexed assessment of all the blockchains on their list using three yardsticks- technology, application, and innovation.
Bitcoin has maintained its dominance over the other cryptocurrencies in the crypto market, but could only rank 12th on the list. The pioneer crypto ranked higher on its innovation end (creativity) but was classed lower than EOS in terms of basic technology.
The Center for Information and Industry Development (CCID) collaborated with the country’s Ministry for Industry and Information Technology.
The evaluation is the 12th in a series that has featured monthly assessments since May 2018. The analysis will now take place every two months, the research center announced when releasing the latest rankings.
EOS has been ranked the top public blockchain since June last year, around the same time the platform launched its mainnet. Tron has been in the second spot since February this year.
The rankings come out at a time more and more China-based businesses continue to explore the use of blockchain technology. Just recently, e-commerce giant Alibaba announced that it would be integrating this tech into their intellectual property systems.