US Commerce Department to Publish Economic Data on Blockchain

The U.S. Department of Commerce is set to revolutionize economic data transparency by publishing GDP figures and other vital information on a blockchain. This initiative, initiated under the Deploying American Blockchains Act of 2025, aims to boost data integrity and potentially accelerate blockchain adoption across various sectors. Key figures like Howard Lutnick, U.S. Commerce Secretary, and David Sacks, crypto advisor, are spearheading this change. Collaboration with tech giants such as IBM could be pivotal in realizing this plan. The initiative’s impact on financial markets remains to be seen, but the US government’s commitment to blockchain technology signals a significant shift in data security and transparency.