- U.S. Commerce to release GDP data on blockchain, led by Howard Lutnick.
- Emphasis on digital asset innovation and transparency.
- Potential use of public or bespoke blockchain networks.
The U.S. Department of Commerce, led by Secretary Howard Lutnick, announced plans on August 26, 2025, to publish economic data on blockchain technology, following a White House cabinet meeting.
This initiative signifies a major governmental shift towards digital asset innovation, aiming to increase transparency and trust in official economic reports, though market reactions and specifics remain undeclared.
The U.S. Department of Commerce has announced plans to publish economic data such as GDP on blockchain. This initiative was revealed during a cabinet meeting with President Donald Trump on August 26, 2025.
Led by Commerce Secretary Howard Lutnick, the department intends to provide innovative access to government data. This decision aligns with President Trump’s digital asset innovation plan.
The move is expected to enhance data accessibility and transparency for government and the public. Secretary Howard Lutnick stated, “We are going to put our GDP on the blockchain so people can use it for data and distribution.”
The U.S. aims to follow in global footsteps, where government blockchain adoption has improved public trust in data integrity. Estonia’s e-Health system and the EU’s EBSI serve as benchmarks.
No monetary funding details were provided, focusing instead on leveraging government infrastructure. While specified assets weren’t named, Ethereum or Solana might serve the project’s blockchain needs.
Potential positive outcomes include increased trust in U.S. economic reporting. While significant market or asset impacts are unlikely immediately, this could influence future software choices and blockchain policies.
