The U.S. Department of Commerce is pioneering a move to publish economic data, including GDP figures, on a blockchain platform. This signifies a groundbreaking step in federal data management and transparency. The initiative will leverage blockchain’s secure and decentralized structure to enhance accessibility and promote accountability. Led by Secretary Howard Lutnick, this project follows previous efforts by the former Secretary Gina Raimondo and concepts explored by Elon Musk’s D.O.G.E department. Key details of the initiative include a $19 billion federal allocation for blockchain infrastructure dedicated to modernizing government data systems. IBM and AWS are leading the private-sector collaboration in developing the necessary infrastructure for this project.