The White House Is Going to Put Government Statistics on the Blockchain (Yeah, We Don’t Know Why Either)
The White House has announced plans to store government statistics on the blockchain, though the reasoning behind this decision remains unclear. Howard Lutnick, a spokesperson for the administration, stated that they are currently working out the specifics of this initiative. The move to utilize blockchain technology for government data storage has raised some eyebrows, as the practical benefits of this approach are not immediately apparent. Blockchain is typically associated with cryptocurrencies and decentralized finance, rather than traditional government record-keeping. The article does not provide any further details on the potential advantages or the specific implementation of this blockchain-based system for government statistics. The decision appears to be a surprising one, leaving readers to wonder about the motivations and potential implications of this unusual move by the White House.
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