US to Publish GDP Data on Blockchain in Transparency Push

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-08-27 15:21:02

BTCCSquare news:

The US Department of Commerce will begin publishing key economic indicators, including Gross Domestic Product (GDP), on blockchain networks. Commerce Secretary Howard Lutnick announced the initiative during a WHITE House cabinet meeting, framing it as part of a broader digital transformation of government data distribution.

The MOVE project aims to modernize access to official statistics across federal agencies, with GDP serving as the inaugural dataset. While implementation details remain unclear—including the choice between permissioned or public blockchain infrastructure—the program may later expand to other agencies. Estonia, the EU, and California have implemented similar systems, but the US adoption marks a significant milestone for institutional blockchain use.

By:

Log in to Reply

Iran Crypto Transactions Decline Amid Nobitex Hack and Geopolitical Tensions

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.