US to Put GDP Data on Blockchain: Trump's Crypto Vision?

2025-08-29
US to Put GDP Data on Blockchain: Trump's Crypto Vision?

US Commerce Secretary Howard Lutnick announced the Department of Commerce will publish economic statistics, including GDP data, on a blockchain. This initiative, spurred by President Trump's vision, aims to improve data distribution efficiency across government agencies. While blockchain technology enhances data security and transparency, it doesn't guarantee accuracy. The move comes amid Trump's repeated questioning of US economic data reliability, contrasting with other governments' blockchain adoption, such as Estonia's e-health system and the EU's EBSI project.

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