Moody's and Alphaledger Integrate Municipal Bond Ratings on Solana Blockchain

According to PANews, Moody's Ratings has collaborated with Alphaledger to complete a pilot project embedding municipal bond credit ratings into tokenized securities issued on the Solana blockchain. This initiative uses an API to transfer Moody's rating data from off-chain systems to the Solana blockchain, demonstrating the potential for providing real-time credit information for real-world assets. Moody's has indicated plans to expand this approach to include corporate bonds and other fixed-income products in the future.