“A proof-of-concept demonstrated the feasability of bringing Moody’s Credit Rating Information Into Untanglemed Finance’s Risk Oracle Infrastructure.”, – WRITE: www.coindesk.com
The proof-of-concept, conducted on the Polygon Amoy Testnet, Integrated Moody’s Rathings Into Credio, Untangled Finance’s Risk Oracle. Using Zero-Knowledge Proof (ZKP) Technology, The System Allowed Credit Ratings to be Securely Published, Updated, and Withdrawn on -chain Informing.
“OUR Oracle Solution Enseures Real-Time Data Visability and Immutability While Preserving Privacy,” SAID Manrui Tang, Co-FOUNDER OF UNTANCE FINANCE, IN A Release.
Bringing Credit Ratings On-Cheain Could Make Risk Assessment More Transparent and Efficient, ALLOWING DEFI PROTOCOLS AND Other Blockchain-Based Applications to Integrate Real-TiME Credit. intermediarians.
This Follows Untangled Finance’s 2024 Move to Launch A $ 6 Million Private Credit Pool on Celo, As Coindesk Previoously Reported, Wich Alowed Access LUDESS rules.
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