Pretty big news for Steem in some senses - The Chinese government's first publication of a Monthly cryptocurrency 'assessment index' has placed Steem as number 2 in the world!
A major Chinese government department – the China Electronic Information Industry Development (CCID) of the Ministry of Industry and Information Technology – has announced today its inaugural monthly Global Public Chain Assessment Index at a conference in Beijing. This independent analysis of cryptocurrencies and global public blockchain technology demonstrates the confidence of the Chinese Government in the technology, and will act as a guide for government, enterprise and research institutes.
Source: Oracle Times
As you can see, the assessment takes into consideration a spectrum of factors, including the quality of the technology, the extent of the application / usefulness of the technology and it's level of innovation. Only Ethereum beat Steem, which is interesting in itself, since EOS is likely to beat Ethereum, which would mean that in the future, we may see all 3 of @dan's systems in the top 20 list (Bitshares, his previous project is also listed at position #12).
It appears that Steem is starting to be fully appreciated by the wider world and in particular numerous governments - as evidenced by the reaction experienced by the @promo-steem team in their recent trip to the iCoin Summit in Cyprus where they opened dialog with national governments and were invited to moderate another event which will features key speakers, including from the IMF.
It's fair to say that Steem is likely to see significant expansion and likely price increases in the near future... Stay tuned!
Wishing you well,
Ura Soul
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