Management & legal News

China rates top enterprise blockchain firms

chinese enterprise blockchain firms

The China University of Political Science and Law published a report after assessing 400 enterprise blockchain projects. The “Chinese Enterprise Blockchain Innovation and Regulatory Index” ranks 21 firms as “AAA” rated. The results were presented yesterday at an online seminar coordinated by Lian Xing Capital.

China’s bigtech firms “BAT” – Baidu, Alibaba and Tencent – all made it onto the list, which was topped by state-owned ICBC, the world’s largest bank and public company, according to Forbes.

Four criteria were used for the assessment: legal risk, innovation, project execution and social attention.

In terms of legal risks, a count of the lawsuits and administrative penalties were assessed. Plus, the number of filings at the Internet Information Office were included.

Innovation was ranked based on patents, trademarks and software copyrights. Additionally, participation in research institutes and laboratories was incorporated.

For project implementation, the quality assessment was more subjective in combination with the number of blockchain services launched.

Social attention was gauged based on news coverage, with negative news weighing against the projects.

The objective is to try to create a quality framework to promote competition and the flow of funds and talent to high-quality projects.

China is already relatively advanced in terms of blockchain applications. We reported earlier this week that a proposal was made for a national blockchain fund and plan. The aim would be not just to grow the range of blockchain applications, but also extend China’s prowess in the more foundational technologies.

Company Company Score
中國工商銀行股份有限公司 Industrial and Commercial Bank of China (ICBC) 100.00
杭州趣鏈科技有限公司 Hangzhou FunChain Technology (Funchain) 98.1
深圳市騰訊計算機系統有限公司 Shenzhen Tencent Computer System (Tencent) 97.8
深圳壹賬通智能科技有限公司 Oneconnect Financial Technology 97.65
航天信息股份有限公司 Aerospace Information Corporation 97.18
阿里去計算有限公司 Alibaba Cloud Computing 95.42
中國銀聯股份有限公司 China UnionPay 95.32
广州博鏊纵横网络科技有限公司 Guangzhou Boao Zongheng Network Technology 94.66
恒生電子股份有限公司 Hang Seng Electronics 94.38
眾安信息技術服務有限公司 Zhongan Information Technology Service 94.3
西安紙貴互聯網科技有限公司 Xi’an Zhigui Internet Technology 93.11
深圳前海微眾銀行股份有限公司 Shenzhen Qianhai Wezhong Bank (WeBank) 92.45
杭州云象网絡技術有限公司 Hangzhou Yunxiang Network Technology 92.39
华为软件技术有限公司 Huawei Software Technology 91.76
北京百度网訊科技有限公司 Beijing Baidu Wangxun Technology (Baidu) 91.62
浙江鲸腾网络科技有限公司 Zhejiang Jingteng Network Technology 91.26
山大地纬软件股份有限公司 Shanda Diwei Software 90.97
远光软件股份有限公司 Yuanguang Software 90.15
深圳华大基因科技有限公司 Shenzhen Huada Gene Technology 90.01
成都九宽科技有限公司 Chengdu Jiukuan Technology 89.45
迅鳐成都科技有限公司 Xunray Chengdu Technology 89.42