Cryptocurrencies 14,993Exchanges 96Market cap $2.42T▼ 4.18%24h volume $296.80BDominance BTC 60.5% ETH 10.2%Kite Pulse 43 FearUpdated 2 minutes ago
Kryptokite
BreakingBusiness1 source

Moody’s and Chainlink test cross-chain credit ratings distribution

Headline from The Block

Image: The Block

Key points

  • Moody's Ratings collaborated with Chainlink to execute a testnet pilot leveraging the Cross-Chain Interoperability Protocol.
  • The initiative successfully demonstrated the distribution of institutional credit ratings data across both permissioned and public blockchain networks.
  • The trial explores seamless data sharing mechanisms to enhance transparency and accessibility for financial information across diverse distributed ledger environments.

Summarized automatically by Kryptokite from reporting by The Block. Read the original sources for full detail.

Coins mentioned

Sources

  • The BlockMoody’s and Chainlink test cross-chain credit ratings distribution · 14 minutes agoRead on The Block

Story timeline

Share

Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

What brings you here?

Sign in to Kryptokite

Sign in to build your watchlist, keep your streak and earn Kites.

No wallet is needed to start.