Moody’s tested Chainlink’s CCIP technology to distribute credit assessments simultaneously across permissioned and public blockchains.

International credit rating agency Moody’s Ratings and blockchain infrastructure provider Chainlink conducted a pilot demonstrating the simultaneous transfer of credit rating information across multiple blockchains. The trial used Chainlink’s Cross-Chain Interoperability Protocol technology.

The pilot aimed to show that credit assessments could be sent simultaneously to permissioned and public blockchains through Moody’s Token Integration Engine. This would enable tokenized bonds, funds, and other financial assets issued on different networks to access the same credit information.

Moody’s had previously started using its own token infrastructure to bring credit analysis onto the blockchain on the Canton Network. The Chainlink test extends this approach beyond a single network to multiple blockchains.

The company says it does not expect the future of tokenized finance to be shaped by just one blockchain or market infrastructure. As financial assets are held across different networks, investors are expected to have access to the same credit ratings and related assessments, regardless of the technology used.

However, the study did not involve a live system publishing actual credit ratings on public blockchains. The test network used representative data, and Moody’s current ratings were not transferred onto the blockchain. The pilot also excluded live deployment processes. This means the trial was a technical demonstration, not a commercially ready product.

Moody’s announced that it had rated or assessed more than 70 digital issuances, including digital bonds and tokenized funds, between January 2017 and October 2026. Chainlink also recently expanded its collaboration with S&P Global Ratings to bring vault risk assessments onto the blockchain. These efforts show that the infrastructure needed to use traditional financial data collaboratively across different blockchain applications is being developed.

*This is not investment advice.

Source: en.bitcoinsistemi.com. Adapted by NBTC.