The U.S. Department of Commerce is implementing a pilot program to publish GDP and key economic reports on blockchain networks, leveraging the technology's inherent properties of transparency, accessibility, and tamper-proof verification to enhance public trust in official economic statistics and enable broader government access to verified data.
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What if government economic data lived on the blockchain?Added:
Two more things, the Department of Commerce is going to [music] start issuing its statistics on the blockchain cuz you are the crypto president [music] and we are going to put out GDP on the blockchain so people can use the blockchain for data distribution and then we're going to make that available to the entire government [music] so all of you can do it. We're just ironing out all the details so we can do it.
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