Moody's has tested a way to publish its credit ratings on several blockchains at once, using Chainlink's CCIP cross-chain messaging. The testnet pilot delivered the ratings to both permissioned and permissionless networks in one step, and the rating agency kept its existing publication and governance workflows intact.
Interesting to see a traditional credit rater experimenting with onchain distribution while leaving its established processes untouched. Do you think ratings data belongs on public chains, or should it stay in permissioned systems? $LINK
Source: https://decrypt.co/382888/moodys-chainlink-credit-ratings-across-multiple-blockchains
#Riopay #Crypto #CryptoNews #Binance
Interesting to see a traditional credit rater experimenting with onchain distribution while leaving its established processes untouched. Do you think ratings data belongs on public chains, or should it stay in permissioned systems? $LINK
Source: https://decrypt.co/382888/moodys-chainlink-credit-ratings-across-multiple-blockchains
#Riopay #Crypto #CryptoNews #Binance
