U.S. Commerce Department Set to Release GDP Data Using Blockchain Technology

U.S. Government Initiative: The U.S. Commerce Secretary Howard Lutnick announced plans to publish GDP data on blockchain, enhancing transparency and aligning with President Trump's initiative.

Blockchain Integration: This move signifies a broader integration of blockchain technology across federal systems, with potential use of Ethereum and Bitcoin for data publication and anchoring.

Increased Trust in Data: The initiative aims to foster increased trust in government data reports, as it represents a significant shift towards modern technological frameworks in economic reporting.

Wider Trend in Government: Other agencies, like the Treasury, are exploring similar blockchain initiatives, indicating a growing trend towards using blockchain for economic metrics at an unprecedented scale.