Elon Musk Investigates Blockchain Solutions for U.S. Government Spending
26.01.2025 10:00 1 min. read Alexander Stefanov
Elon Musk, influential in the current U.S. administration, is exploring blockchain technology for DOGE under the government efficiency department.
His initiative aims to integrate blockchain for various uses, including tracking government spending, enhancing data security, enabling smoother payments, and improving building management.
Musk’s discussions with public blockchain experts are still ongoing, with a focus on leveraging the technology’s potential.
Despite the attention this project is drawing, much of DOGE’s operations remain confidential.
Staff members communicate through encrypted channels, notably via the Signal messaging app, ensuring the initiative operates discreetly.
In related news, Vivek Ramaswamy, who was initially slated to co-lead the project with Musk, recently stepped down to pursue his candidacy for Governor of Ohio, marking a shift in the project’s leadership.
-
1
Solana Explores Major Network Upgrade to Boost Performance and Capacity
01.04.2025 12:00 2 min. read -
2
No Tokenized Future Without Digital IDs, Says BlackRock CEO
13.04.2025 10:00 2 min. read -
3
Ethereum’s Stablecoin Market Thrives with $850 Billion in Monthly Trading Volume
19.03.2025 16:00 2 min. read -
4
BNB Chain Completes Pascal Hardfork for Faster Transactions
20.03.2025 19:00 2 min. read -
5
Solana and Altcoins Still Capture Developer Interest Despite Decline
18.03.2025 20:00 1 min. read
No Tokenized Future Without Digital IDs, Says BlackRock CEO
BlackRock CEO Larry Fink is pushing a bold vision: a financial world where all assets—stocks, bonds, real estate—are digitized and exchanged via blockchain.
Digital Gold Rush: Tokenized Market Breaks $1.2 Billion
Tokenized gold is gaining momentum, with its market cap now surpassing $1.2 billion, driven by record-high gold prices and increasing interest in blockchain-based assets.
Solana Explores Major Network Upgrade to Boost Performance and Capacity
The Solana network is exploring the possibility of expanding its Compute Unit (CU) capacity, a critical metric for managing transaction complexity and optimizing resource usage.
Developer Brings Tornado Cash Protocol to New Blockchain for Private Transactions
A developer has integrated the Tornado Cash protocol into MegaETH’s public testnet, enabling private transactions on the high-capacity blockchain, which can handle up to 20,000 transactions per second.
-
1
Solana Explores Major Network Upgrade to Boost Performance and Capacity
01.04.2025 12:00 2 min. read -
2
No Tokenized Future Without Digital IDs, Says BlackRock CEO
13.04.2025 10:00 2 min. read -
3
Ethereum’s Stablecoin Market Thrives with $850 Billion in Monthly Trading Volume
19.03.2025 16:00 2 min. read -
4
BNB Chain Completes Pascal Hardfork for Faster Transactions
20.03.2025 19:00 2 min. read -
5
Solana and Altcoins Still Capture Developer Interest Despite Decline
18.03.2025 20:00 1 min. read
