Solana fosters new-age finance with Moody’s onchain credit ratings

Moody’s and Alphaledger have partnered to initiate a pilot program for credit ratings on the Solana blockchain, integrating Moody’s ratings into tokenized municipal bonds for real-time visibility.

The project employs Moody’s established credit assessment methods, facilitating instant access to ratings. Additionally, smart contracts can automate financial adjustments based on these ratings.

This pilot illustrates Solana’s capacity to manage complex data and signals a shift towards serious adoption of digital assets in traditional finance, bolstered by credible brands like Moody’s.

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