US To Publish Economic Data On Blockchain, Commerce Chief Says

U.S. Commerce Secretary Howard Lutnick announced that the Department of Commerce will begin publishing GDP statistics on the blockchain, touting it as part of President Trump's push to make America a 'crypto government.' CoinTelegraph reports: Lutnick made the announcement during a White House cabinet meeting on Tuesday, describing the effort as a move to expand blockchain-based data distribution across government agencies. Speaking to US President Donald Trump and other government officials, he said: 'The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president, and we are going to put our GDP on the blockchain so people can use it for data and distribution.' Lutnick said the initiative will begin with GDP figures and could expand across federal departments after the Commerce Department finishes 'ironing out all of the details' for the implementation.

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