US Puts GDP Data on the Blockchain in Trump Crypto Push
The US government has started distributing gross domestic product (GDP) data on public blockchains, which is the latest move by the Trump administration to endorse the cryptocurrency industry. This initiative aims to make the data more accessible and transparent to the public. By utilizing blockchain technology, the government hopes to enhance the security and integrity of the GDP data. This step is seen as part of the broader efforts by the Trump administration to promote the adoption of cryptocurrencies and blockchain technology in the US. The move is expected to provide more insight into the country's economic performance and could potentially lead to increased trust in the government's data reporting processes.
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