{"id":168084,"date":"2025-08-27T08:45:14","date_gmt":"2025-08-27T05:45:14","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=168084"},"modified":"2025-08-27T11:44:43","modified_gmt":"2025-08-27T08:44:43","slug":"u-s-commerce-department-to-put-gdp-data-on-blockchain-under-trumps-push","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/u-s-commerce-department-to-put-gdp-data-on-blockchain-under-trumps-push\/","title":{"rendered":"U.S. Commerce Department to Put GDP Data on Blockchain Under Trump\u2019s Push"},"content":{"rendered":"<p>On August 26, Commerce Secretary Howard Lutnick revealed that his department will begin publishing official economic data, including GDP figures, on blockchain ledgers.<\/p>\n<p>Speaking during a cabinet meeting, Lutnick credited Trump\u2019s vision: \u201cYou are the crypto president, and we\u2019re going to put the GDP on the blockchain so people can use it for data distribution.\u201d<\/p>\n<h2>Expanding blockchain experiments across agencies<\/h2>\n<p>The Commerce Department\u2019s plan follows a series of pilot programs already launched within the federal government. The Treasury Department has tested blockchain systems for distributing grants with built-in audit trails, while the Commodity Futures Trading Commission (CFTC) has trialed tokenized collateral and stablecoin-based settlement.<\/p>\n<p>Defense-related agencies have also embraced the technology. The Navy and the Defense Logistics Agency partnered with SIMBA Chain to secure supply chains for high-value equipment, and Homeland Security has examined blockchain authentication for imports and logistics documentation.<\/p>\n<p>Meanwhile, Customs and Border Protection has experimented with distributed ledgers to verify intellectual property, and the Small Business Administration is studying blockchain tools to spot loan fraud.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-167766\" href=\"https:\/\/cryptodnes.bg\/en\/xrp-and-ethereum-set-for-explosive-moves-analyst-highlights-new-targets\/\" title=\"XRP and Ethereum Set for Explosive Moves, Analyst Highlights New Targets\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/12\/ethereum-ripple-xrp-gID_1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">XRP and Ethereum Set for Explosive Moves, Analyst Highlights New Targets<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<h2>Congressional backing<\/h2>\n<p>Momentum isn\u2019t limited to the executive branch. In June, the House of Representatives passed the Deploying American Blockchains Act of 2025, authored by Rep. Kat Cammack. The bill, now awaiting Senate review, would formalize a national blockchain strategy. Provisions include creating a Blockchain Deployment Program, establishing advisory committees spanning industry and government, and directing the Commerce Secretary to boost U.S. competitiveness in distributed ledger technologies.<\/p>\n<p>If approved, the act would give agencies clearer mandates to pursue blockchain adoption while addressing cybersecurity and compliance challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden White House once resisted it, but under President Donald Trump the federal government is moving aggressively toward blockchain adoption.<\/p>\n","protected":false},"author":7,"featured_media":32590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[23],"tags":[424,71,122],"coin_category":[],"class_list":["post-168084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-crypto","tag-stablecoin","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. Commerce Department to Put GDP Data on Blockchain Under Trump\u2019s Push<\/title>\n<meta name=\"description\" content=\"The Biden White House once resisted it, but under President Donald Trump the federal government is moving aggressively...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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