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Moody's Takes Its Credit Rating System to Solana

Credit rating giant Moody’s just took a big step in blending traditional finance with blockchain and crypto. It launched a pilot program that puts its scores on-chain, starting on the Solana blockchain.

Partnering with fintech firm Alphaledger, Moody’s simulated a municipal bond and issued it as a digital token on Solana. It then performed a full credit assessment using its standard methodology and pushed the resulting rating directly onto the blockchain.

Instead of living in a PDF or gated database, the credit rating became part of the bond’s token metadata, making it public, machine-readable, and immutable.

Moody's Takes Its Credit Rating System to Solana

Credit rating giant Moody’s just took a big step in blending traditional finance with blockchain and crypto. It launched a pilot program that puts its scores on-chain, starting on the Solana blockchain.

Partnering with fintech firm Alphaledger, Moody’s simulated a municipal bond and issued it as a digital token on Solana. It then performed a full credit assessment using its standard methodology and pushed the resulting rating directly onto the blockchain.

Instead of living in a PDF or gated database, the credit rating became part of the bond’s token metadata, making it public, machine-readable, and immutable.

https://www.cointribune.com/en/moodys-credit-ratings-solana-blockchain-pilot/