Led by the Ministry of industry and information technology of PRC (MIIT) research institution will publish monthly rankings 28 cryptocurrencies, reports the South China Morning Post.

A new initiative was announced during a seminar organized by the China Electronic Information Industry Development (CCID). We are talking about the creation of independent rating systems like Moody’s or Standard & Poor’s, but only for the blockchain industry.

A system called the “global assessment of public blockchains” at first will focus on 28 major blockchain projects. The main aspects of the assessment will be their technological capabilities and field of use.

Information about the new initiative was confirmed by a traditional provider of insider information from China cnLedger:

1/ China’s Ministry to publish ratings for 28 cryptos, including #BTC, #ETH #XRP #LTC #BCH, #ADA, #XLM, #NEO, #Iota, #XMR, #Dash, #NEM, #ETC, #Qtum, #Nano, #LSK, #ZEC, #XVG, #STRAT, #SC, #Steem, #BTS, #BCN, #Waves, #HDR, #HSR, #KMD, #ARK. via @chengdoohttps://t.co/wp8mOTdBqK

— cnLedger (@cnLedger) may 12, 2018

He noted that the rating will be limited primarily to the most liquid cryptocurrency, including bitcoin, Ethereum, Ripple, Litecoin, Bitcoin, Cash, NEO, Verge, Stratis, Cardano, Monero, NEM, zcash for, DASH, Waves, etc.

Research Institute CCID was founded in 1995. This institution specializiruetsya on technological research and development, software testing and policy formulation for various sectors of the industry. In August 2017 CCID opened specializing in blockchain research unit.

The Ministry of industry and information technology of the PRC is now actively developing national standards for distributed registry. The completion of the work on them is scheduled for the end of next year.

Earlier it was reported that in the industrial Park Hangzhou started a blockchain-An Xiong’Fund with a capital of $1.6 billion.