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Steem comes in at #7 in China's latest Blockchain Rankings

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Steem continues to rate well in the latest CCID rankings

China’s Center for Information and Industry Development (CCID) published its latest blockchain rankings yesterday and steem came in at number 7 on the list.

This was the 15th release put out by the CCID, ranking the best public blockchains in the world.

The 7th place ranking was actually a slight drop from the previous one, where steem came it at #6.

(Source: https://twitter.com/justinsuntron/status/1203970753751744512)

Steem continues to rate within the Top 10

This was the 15th report put out by the CCID, which started in early 2018.

At one point early on, steem was listed as the 2nd best blockchain project, but has mostly been hanging around the 10th spot during previous releases over the past year.

https://steemit.com/steem/@jrcornel/steem-ranks-as-second-best-blockchain-in-the-world-according-to-chinese-government

EOS and Ether have mostly enjoyed the top couple of spots since the list was created as there seems to be weighting towards platform tokens/projects.

Tron has also now found itself within the top couple spots consistently as of late.

Either way, having steem rate as the 7th best blockchain project in the world yet be listed as the 87th most valuable project seems to be a bit out of an incongruence.

Steem's biggest weakness according to the CCID?

Steem continues to score terribly in the applicability category.

In fact, steem has the lowest score of any of the 35 projects rated, even lower than the previously tied-with monero.

That is a bit ironic in that steem was supposed to be revolutionary in that it powered one of the most widely used apps in all of crypto with steemit.com. At least it was one of the most widely used apps, I haven't checked the numbers lately but ever since the recent HF and threespeak springing up, steemit.com has been hemorrhaging users.

Overall, what does this rating tell us?

After 3+ years of existing in the wild, steem is still a good blockchain, a great blockchain in fact, but it is still searching for a real use case.

At least according to China.

Perhaps SMTs, Communities, or a takeover by Justin Sun can help change that. :)

Stay informed my friends.

-Doc