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

Moody's Ratings and Chainlink ran a testnet pilot using CCIP to distribute credit ratings data across permissioned and public blockchains.
Key Takeaways
- Moody's Ratings and Chainlink ran a testnet pilot using CCIP to distribute credit ratings data across permissioned and public blockchains.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

Canaan’s Q3 revenue plunges 90% to $14.5 million as bitcoin mining hardware sales slump
Canaan's Q3 revenue fell 90% to $14.5 million, though cryptocurrency and derivatives gains supported an $8 million profit.

Bitcoin Wallets ‘Drop’, Telegram Wallets Rise, and Both Are Nothingburgers
Crypto asset investors looking for places to put their money now have two more data points to consider. The number of nonempty bitcoin wallets has reportedly fallen by almost 109,000 in less than a month, while users created more than 900,000 wallets on…

NVIDIA Scandal Hits Crypto: Bitcoin Drops, $1B Liquidated
The Nvidia scandal hits crypto hard as its board opened an independent investigation into CEO Jensen Huang after reports of his relationship with a woman U.S. intelligence agencies believe may have ties to Chinese intelligence. The news broke over the weekend…