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U.S. Department of Commerce Begins Publishing GDP Data on Public Blockchains
In a pioneering move, the U.S. Department of Commerce has started publishing real GDP data on nine public blockchains—including Bitcoin, Ethereum, Solana, and Avalanche—as a proof of concept to enhance transparency, immutability, and accessibility of official economic statistics. The initiative involves coordination with oracles like Chainlink and Pyth, and exchanges such as Coinbase, Gemini, and Kraken to distribute the data securely and widely.
#USGDPDataOnChain #BlockchainTransparency #Chainlink #CommerceDepartment
U.S. Department of Commerce Begins Publishing GDP Data on Public Blockchains
In a pioneering move, the U.S. Department of Commerce has started publishing real GDP data on nine public blockchains—including Bitcoin, Ethereum, Solana, and Avalanche—as a proof of concept to enhance transparency, immutability, and accessibility of official economic statistics. The initiative involves coordination with oracles like Chainlink and Pyth, and exchanges such as Coinbase, Gemini, and Kraken to distribute the data securely and widely.
#USGDPDataOnChain #BlockchainTransparency #Chainlink #CommerceDepartment
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