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Kraken Announces Selection by U.S. Commerce Department to Publish Economic Data on Blockchain
The U.S. Department of Commerce has turned to cryptocurrency exchange Kraken to support a new initiative that will put gross domestic product (GDP) data directly onto public blockchains. Announced by President Donald Trump and Commerce Secretary Howard Lutnick, the plan marks the first time a G7 country will use blockchain to distribute official economic statistics. Under the project, GDP information will reportedly be recorded on nine major blockchains, including Bitcoin, Ethereum, Solana, Avalanche, Stellar, Polygon, and Tron. The approach is designed to make the data verifiable, tamper-resistant, and globally ... (full story)
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