by: xpoolPosted on:

U.S. Department of Commerce to Publish GDP Data on Blockchain

The U.S. Department of Commerce is set to publish economic data, including GDP figures, on the blockchain, marking a significant shift in government economic reporting. Secretary Howard Lutnick’s announcement at a White House meeting signals potential nationwide adoption of blockchain for federal economic reporting, impacting transparency and data integrity. This initiative raises questions about privacy, security, and technical execution while potentially paving the way for a more robust system for governmental data management.

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