Chainlink and Moody's Complete Testnet Pilot for Cross-Chain Credit Ratings
(5 hours ago) · 1 source · Summarized by CryptoBipto
Chainlink and credit rating agency Moody's have completed a testnet pilot project focused on delivering credit ratings across multiple blockchains. The pilot explored how traditional credit rating data could be made available on-chain using Chainlink's cross-chain infrastructure. The project remains in a testing phase and has not yet moved to a live production environment.
WHY IT MATTERS
Think of credit ratings like report cards for companies and governments — they tell lenders how likely a borrower is to pay back their debts.
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SOURCES
- newsbtc.com
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