Press Release: “Today, the Department of Commerce announced that it will begin posting real gross domestic product (GDP) data on the blockchain beginning with the July 2025 data…This is the first time a federal agency has published economic statistical data like this on the blockchain, and the latest way the Department is utilizing innovative technology to protect federal data and promote public use.
The Department published an official hash of its quarterly GDP data release for 2025—and, in some cases, the topline GDP number—to the following nine blockchains: Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism. The data was also further disseminated through coordination with the oracles, Pyth and Chainlink. The exchanges, Coinbase, Gemini, and Kraken, helped facilitate the Department’s publishing. The Department will continue to innovate and broaden the scope of publishing future datasets like GDP to include the use of other blockchains, oracles, and exchanges.
Through this landmark effort, the Department hopes to demonstrate the wide utility of blockchain technology. It also aims to demonstrate a proof of concept for all of government, and to build on the Trump Administration’s historic efforts to make the United States of America the blockchain capital of the world…(More)”.
