Moody’s Pilot With Chainlink Puts Test Ratings on Several Blockchains in One Pass
By Unchained
AI summary of the source article
Moody’s Ratings and Chainlink completed a testnet pilot using Chainlink’s Cross-Chain Interoperability Protocol to transmit test credit ratings to multiple blockchains simultaneously from Moody’s Token Integration Engine.
Why it matters
A single feed reaching multiple chains simultaneously "would let a tokenized bond carry the same Moody’s rating wherever it trades," establishing "a critical part of the foundation institutional capital needs to adopt tokenization at scale."
Key facts
- The pilot used Chainlink's CCIP to transmit test ratings from Moody’s Token Integration Engine (TIE) to multiple permissioned and permissionless blockchains at once.
- The trial was conducted strictly on a testnet using representative test data with no live rating actions involved.
- Moody’s previously expanded TIE on a single-network basis to the Canton Network in March and Solana in June.
Source excerpt · Unchained
Moody's has so far added its ratings engine one blockchain at a time. This time the companies sent the same stand-in ratings to several chains at once, a trial with no real rating actions that ran only on test networks. The post Moody’s Pilot With Chainlink Puts Test Ratings on Several Blockchains in One Pass appeared first on Unchained .