U.S. Department of Commerce Publishes GDP on Blockchain
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Key Points: First U.S. federal GDP publication on blockchain. Data released on nine public blockchains. Significant step for blockchain technology legitimacy. The U.S. Department of Commerce announced on August 28, 2025, that it will begin publishing Gross Domestic Product data on nine public blockchains starting July 2025. This initiative marks a significant step in adopting blockchain for government data distribution, enhancing transparency and accessibility while potentially boosting blockchain adoption and integration across sectors. U.S. Commerce Department Launches GDP Data on Nine Blockchains The U.S. Department of Commerce unveiled the historic initiative of releasing its GDP data onto nine blockchains as of July 2025, aiming to demonstrate blockchain’s applicability in public data distribution. This marked the first instance of a federal agency using blockchain for such a purpose. Commerce Secretary Howard Lutnick, who led this announcement, emphasized blockchain’s potential for transparency and security in economic reporting mechanisms. The changes entail direct distribution of quarterly GDP data to multiple blockchains, including Bitcoin, Ethereum, and Solana. This innovative move is expected to encourage further integration of blockchain technology in governmental operations. In collaboration with platforms Coinbase, Gemini, and Kraken, the Department looks to reinforce federal data integrity by leveraging blockchain’s immutability. Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto president and we are going to put out GDP on the blockchain so people can use the blockchain for data distribution and then we’re going to make that available to the entire government so all of you can do it. We’re just ironing out all the details so we can do it. Howard Lutnick, Commerce Secretary, U.S. Department of Commerce Market reactions were notably positive, reflecting strong interest in blockchain innovations. Notable figures, such as Douro Labs’ CEO Mike Cahill, highlighted the groundbreaking nature…
