The U.S. Commerce Department will begin issuing official statistics on the blockchain, according to Commerce Secretary Lutnick, who added that the agency is working on plans to use blockchain technology for GDP reporting.
Key facts:
- Commerce Secretary Lutnick said the department will start issuing statistics directly on blockchain platforms.
- Officials are exploring methods to integrate blockchain into GDP calculation and reporting.
- Implementation details are being finalized, with further updates expected in the coming months.
Relevant Companies
- IBM ($IBM): Major blockchain solutions provider that could benefit from expanded U.S. government adoption.
- Accenture ($ACN): Consulting and IT services firm with significant blockchain integration projects.
- Coinbase ($COIN): U.S.-listed crypto exchange that could see secondary benefits from government blockchain adoption.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
