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US GDP Data Moves to Blockchain The U.S. Commerce Departmen

Crypto Alpha

Updated at: 6 hours ago

{"content":"US GDP Data Moves to Blockchain The U.S. Commerce Department has confirmed that official economic data, including Gross Domestic Product (GDP), will soon be published on a public blockchain. This new system will not replace traditional data release methods but will add a secure, transparent, and tamper-proof layer for distributing economic information. Commerce Secretary Howard Lutnick shared the news during a White House cabinet meeting, stating, “The Department of Commerce will begin issuing its statistics on the blockchain because you are the crypto president.” This initiative is part of the Deploying American Blockchains Act of 2025 (H.R. 1664), which gives the Commerce Department the responsibility of leading the federal blockchain strategy. Publishing GDP data on-chain represents one of the first major steps toward wider government adoption of blockchain technology.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/28/ed441e14ae4137263238ed7edf14b05a.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}

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