US Gov Makes History: GDP Data Now Immortalized on Bitcoin Blockchain

The U.S. government has officially commenced the publication of gross domestic product (GDP) data on public blockchains, a move announced by the Commerce Department that integrates this nascent technology into the core of America’s economic reporting. As reported by Bloomberg, GDP figures are now accessible on nine distinct networks, including prominent platforms such as Bitcoin, Ethereum, and Solana. This initiative, while not replacing traditional economic data releases, serves as an additional avenue for distribution, carrying substantial symbolic weight by implicitly endorsing a technology once met with considerable skepticism in Washington.
Mike Cahill, CEO of Douro Labs, confirmed his company's two-month collaboration with the Commerce Department on this pioneering initiative. He highlighted the transformative nature of this development, stating that with this announcement, government data now resides on blockchains, enabling market participants to engage with it in real time. The blockchain implementation involves posting cryptographic hashes of GDP data, which act as digital fingerprints, ensuring the integrity and verifiability of the information. Commerce Department officials have indicated that President Donald Trump’s administration intends to expand this program beyond its initial scope.
The project was spearheaded by Commerce Secretary Howard Lutnick, who informed President Trump that these statistics would be issued via blockchain due to Trump's embrace of the
You may also like...
AMG Unleashes a Beast: The GT2 Edition W16 Breaks Records, But Without Its Namesake Engine!

Mercedes-AMG has unveiled its most extreme customer racing car, the GT2 Edition W16, a track-only limited edition inspir...
Mercedes Shocks with G-Wagen Cabriolet Tease: Iconic SUV Goes Topless!

Mercedes-Benz has officially announced the return of the G-Class Cabriolet, slated for release in 2026, bringing an open...
US Gov Makes History: GDP Data Now Immortalized on Bitcoin Blockchain

The U.S. Commerce Department has begun publishing gross domestic product (GDP) data on public blockchains like Bitcoin a...
Tornado Cash Verdict Drops: Roman Storm Convicted in Landmark Crypto Trial

Tornado Cash co-founder Roman Storm has been found guilty of conspiracy to operate an unlicensed money transmitting busi...
Luxury Giant's Legacy: Armani's Empire Passes to Heirs After His Death

The fashion world mourns the passing of Giorgio Armani, who at 91, leaves behind an independent empire entrusted to his ...
AI Data Centers Exposed: $165 Billion 'Phantom Debt' Scandal Looms Over Tax Breaks

Doña Ana County, New Mexico, is pursuing an ambitious plan to become a major AI data center hub through 'Project Jupiter...
Political Titans Mobilize: Ambode & Speaker Tajudeen Lead Charge for Tinubu's 2027 Re-election Bid

Key political figures, including House Speaker Abbas Tajudeen and former Lagos Governor Akinwunmi Ambode, have publicly ...
Tinubu's Bold Naira Claim Sparks Fact-Check Fury: Was it N1,900/$ or N1,450/$?

President Bola Ahmed Tinubu recently claimed the naira strengthened significantly under his tenure, citing an improvemen...