US Puts GDP Data on the Blockchain in Trump Crypto Push
13 Articles
13 Articles
US puts GDP data on the blockchain in Trump's crypto push
The US government, under the Trump administration, has begun publishing GDP data on public blockchains, signaling a significant endorsement of the crypto industry. This initiative, spearheaded by Commerce Secretary Howard Lutnick, aims to enhance data accessibility and transparency.
US Puts GDP Data On The Blockchain In Trump Crypto Push
The US government on Thursday began distributing gross domestic product data on public blockchains, marking the latest Trump administration endorsement of the crypto industry. The move creates another avenue — not a replacement — for publishing the economic data, according to Commerce Department officials who asked for anonymity to share more details on the step. The department published what it described in a press release as the “official hash…
Explainer: US GDP data is now on blockchain - breaking down the Trump administration’s crypto shift
The US Commerce Department's groundbreaking move to publish GDP data on public blockchains marks a significant endorsement of cryptocurrency and blockchain technology by the Trump administration, aiming to enhance data transparency and participation.
Key Points of the News The U.S. government has begun to publish GDP data on public blockchains, including Bitcoin, Ethereum and Solana, allowing real-time verification. This movement represents official support for blockchain technology by the Trump administration. The main cryptocurrency exchanges support the initiative, marking a significant crossing between government transparency and the growing influence of decentralized financial systems. …
U.S. GDP data on blockchain
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