Moody’s Pilot With Chainlink Puts Test Ratings on Several Blockchains in One Pass

Moody’s Ratings and Chainlink on Tuesday announced a pilot that sent test credit ratings from Moody’s to several blockchains at the same time. Everything happened on a testnet , a practice network where nothing carries real value, and Moody’s published no real rating action onchain. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) moves messages and tokens between blockchains. In the trial, it carried data from Moody’s Token Integration Engine (TIE) , the tool the ratings firm uses to put credit ratings and related information onchain. According to the joint release, TIE showed it could send test ratings at once to permissioned networks , which only approved participants can use, and permissionless ones open to anyone. Moody’s kept its normal controls over how ratings get released, the release said.

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