IOST (IOST) Among Top 5 Projects in the Latest Chinese Blockchain Rankings
China’s Center for Information and Industry Development (CCID), a body under the Ministry of Industry and Information Technology, has released the latest ranking for cryptocurrency and blockchain projects. IOST (IOST) moved up a spot to 5th position while other leading projects including EOS, TRON (TRX), Ethereum (ETH) and Lisk occupied the 1st 2nd, 3rd, and 4th spots, respectively, out of a total of 37 distributed ledger technology (DLT) projects, according to reports on April 13, 2020.
In the latest development, the Ministry of Industry and Information Technology’s Center for Information and Industry Development (CCID), has released its latest ranking for 37 credible blockchain projects. Per sources close to the matter, in the overall ranking, IOST (IOST), a highly functional ultra-fast, decentralized blockchain network based on the Proof of Believability (PoB) consensus algorithm, moved up to the 5th spot, while EOS (EOS), Justin Sun’s TRON (TRX), Ethereum (ETH) and Lisk (LSK) currently occupy the 1st, 2nd, 3rd, and 4th spots respectively, out of a total of 37 projects.
