Will US GDP Data Go Blockchain? Trump’s Crypto Push Takes Aim at Transparency.

The Commerce Department is set to release key US GDP data on blockchain, aiming for greater transparency and accessibility. This move aligns with President Trump’s crypto initiatives, mirroring the approach of Elon Musk who has proposed publishing GDP data on blockchain. Secretary Howard Lutnick sees this initiative as aligning with Trump’s vision for a more digitally-driven economy. While similar efforts have been explored globally, including Estonia in 2016 and the European Union’s Blockchain Services Infrastructure, the US is taking a lead in integrating blockchain technology to public economic reporting.