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Chainlink LINK Powers Historic US Government Blockchain Data Distribution

Chainlink LINK Powers Historic US Government Blockchain Data Distribution

Published:
2025-08-29 04:33:13
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Chainlink LINK News -

The Commerce Department has begun publishing critical economic indicators—including Gross Domestic Product figures—on nine public blockchains. This unprecedented move signals the Trump administration's strongest institutional embrace of cryptocurrency infrastructure to date.

Chainlink's oracle network facilitates the secure transmission of Bureau of Economic Analysis data, with Real GDP and Personal Consumption metrics now available on-chain. The initiative fulfills Commerce Secretary Howard Lutnick's August 26 announcement during a cabinet meeting, where he declared President Trump to be 'the crypto president.'

The blockchain deployment follows weeks of turbulence in traditional economic reporting, including the abrupt dismissal of the Bureau of Labor Statistics chief after controversial jobs data. Officials emphasize the blockchain initiative operates independently from personnel changes.

|Square

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