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U.S. Commerce Department to Issue Economic Data on Blockchain
U.S. Commerce Department to Issue Economic Data on Blockchain
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BTCCSquare news:
Commerce Secretary Howard Lutnick announced plans to publish economic statistics, including GDP data, on a blockchain network. The initiative, framed as part of the TRUMP administration's pro-crypto stance, aims to streamline data distribution across government agencies.
No technical details were provided regarding the chosen blockchain or operational benefits. Lutnick suggested the system could eventually expand to the entire U.S. government, though the announcement lacked implementation timelines or specific use cases.
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