US Commerce Department to Publish Economic Data on Blockchain, Starting with GDP

The US Commerce Department is taking a significant step toward blockchain adoption by announcing plans to release key economic statistics on a distributed ledger. Commerce Secretary Howard Lutnick revealed the initiative during a cabinet meeting, positioning it as part of President Trump's broader push to establish America as a global crypto hub.

GDP data will serve as the inaugural dataset for the blockchain rollout, with the department currently finalizing technical implementation details. "We're going to put our GDP on the blockchain so people can use it for data distribution," Lutnick stated, addressing President TRUMP directly as the "crypto president." The move aims to enhance transparency and accessibility of government economic data.

This institutional adoption of blockchain technology for official statistics marks a watershed moment for crypto validation. While no specific blockchain platform was named, the announcement signals growing government recognition of distributed ledger technology's potential beyond financial applications.