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Moody's Tests Cross-Chain Credit Rating Distribution on Chainlink

BSCN avatar BSCN
1 min read
Moody's Tests Cross-Chain Credit Rating Distribution on Chainlink

Moody's Ratings finished a pilot program with Chainlink that sent credit ratings to several blockchains at once through the Cross-Chain Interoperability Protocol. The test used Moody's Token Integration Engine to push ratings data across both permissioned and permissionless networks in one operation. The trial ran on testnet with sample data only, not live ratings.

The experiment explores how credit risk information could support tokenized bond markets by letting smart contracts automatically respond to rating changes. Moody's has previously launched blockchain initiatives including a Canton Network node and a Solana integration with Alphaledger. No decision on live deployment has been announced.

Read the full story on BSC News: Moody's Ratings and Chainlink Complete Testnet Pilot Distributing Credit Ratings Across Blockchains via CCIP

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