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Chainlink to Provide U.S. Department of Commerce Data On-Chain for Smart Contract Use

Chainlink to Provide U.S. Department of Commerce Data On-Chain for Smart Contract Use

Author:
Coindesk
Published:
2025-08-28 14:04:49
17
2

Chainlink to Provide U.S. Department of Commerce Data On-Chain for Smart Contract Use

Chainlink just landed the government's golden goose—real-time Commerce Department data now flows directly into smart contracts.

Federal Data Goes DeFi

The oracle network secured exclusive on-chain access to verified U.S. economic indicators—retail sales, GDP figures, trade balances. No more scraping unreliable APIs or trusting centralized intermediaries. Smart contracts now consume official data straight from the source.

Automating Trillion-Dollar Decisions

This isn't just about price feeds. Derivatives, insurance policies, and algorithmic trading strategies can now trigger based on certified government metrics. The system bypasses traditional data vendors entirely—cutting out the middleman and their juicy markup.

Because apparently even decentralized finance needs Uncle Sam's stamp of approval to finally grow up. Welcome to the era of verifiable truth—where the only thing more reliable than the blockchain is the government's own spreadsheets.

|Square

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