The U.S. Department of Commerce plans to put GDP data on the blockchain! The national-level application of blockchain is being implemented to create a tamper-proof economic data system.
U.S. Secretary of Commerce Howard Ratnik announced during a White House cabinet meeting that the Department of Commerce will begin publishing official economic statistics, including GDP, on the Blockchain to enhance data transparency, prevent tampering, and promote the modernization of government data distribution. This move is not only a concrete implementation of the Trump administration's "embrace encryption" policy but also a key step under the advancement of the "2025 U.S. Blockchain Deployment Act," which may reshape global investors' trust and usage of economic data.
[Policy Announcement and Background: Led by the Ministry of Commerce, GDP becomes the first on-chain indicator]
Business Secretary Ratnik recently reported to Trump, stating: "The Department of Commerce will begin using Blockchain to publish statistical information because you are the encryption president. We will put GDP data on the Blockchain, allowing people to distribute data using the Blockchain." Although a specific timeline has not yet been announced, GDP data will be among the first metrics to be put on-chain, with potential expansion to other government statistical areas in the future.
This plan originates from the "American Blockchain Deployment Act" (H.R. 1664) passed with bipartisan support in June 2025, which designates the Department of Commerce as the leading agency for federal government blockchain technology, responsible for developing technical standards, national strategies, and providing policy recommendations to the President. The Department of Commerce's action is the first substantive measure to fulfill this statutory responsibility.
[Technical Implementation and Significance: Anti-tampering, Instant Distribution, Enhancing Government Data Credibility]
Placing key economic data such as GDP on-chain can significantly enhance the credibility and timeliness of the data by leveraging the immutable, transparent, and traceable characteristics of Blockchain. Supporters believe that this system will:
Reduce the risk of data manipulation or premature disclosure.
Improve the efficiency of government data distribution.
Set a new standard for the release of economic data for countries around the world.
In addition, multiple agencies, including the Department of the Treasury, the Office of Financial Services, and the Department of Defense, are exploring the application of Blockchain for government expenditure tracking, defense supply chain management, and other scenarios, demonstrating the federal government's broad interest in adopting this technology.
[Regulatory Environment and Supporting Measures: The Trump Administration Fully Promotes Encryption Innovation]
The current government is taking multiple measures to promote the development of digital assets. An executive order in January 2025 requires various agencies to accelerate digital asset innovation and establish a favorable regulatory framework. In addition, Trump has signed the GENIUS Act and is pushing for the CLARITY Act and the Anti-CBDC Surveillance Nation Act to be reviewed by the Senate.
On the other hand, the government working group urged the SEC and CFTC to clarify the rules regarding the custody, trading, registration, and record-keeping of digital assets as soon as possible, while also calling for the elimination of bureaucratic obstacles that hinder financial innovation. Trump also signed an executive order allowing Americans to include cryptocurrencies in retirement accounts such as 401(k), impacting a retirement asset market worth up to $43.4 trillion.
SEC Chairman Paul Atkins also announced the launch of "Project Crypto", aimed at promoting the on-chain transformation of the securities market, clarifying token classification rules, and establishing a safe harbor system for token issuance in response to the growing demand for securities tokenization from Wall Street and Silicon Valley.
[Market Impact and Future Outlook: Economic Data on-chain May Restructure Global Capital Flows]
GDP is one of the most closely watched economic indicators by global investors, and its release directly impacts interest rate expectations, asset prices, and policy formulation. The GDP data released on the Blockchain will provide an instant, tamper-proof access channel, helping to reduce data discrepancies, establish a single trusted data source, and thereby enhance market operational efficiency.
Once the United States successfully implements this model, it is likely to lead other countries to follow suit, forming a new paradigm for global economic data releases.
[Conclusion]
The U.S. initiative to transplant GDP data onto the Blockchain marks the formal entry of blockchain technology from private sector innovation into the core scenario of national governance. This not only reflects the policy tone of the Trump administration as the "encryption president," but also hopes to significantly enhance the credibility and availability of economic data. As relevant bills and regulatory policies continue to improve, the U.S. is attempting to reclaim its global leadership position in the blockchain and digital asset space, setting a new benchmark for future inter-country data transparency competition.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The U.S. Department of Commerce plans to put GDP data on the blockchain! The national-level application of blockchain is being implemented to create a tamper-proof economic data system.
U.S. Secretary of Commerce Howard Ratnik announced during a White House cabinet meeting that the Department of Commerce will begin publishing official economic statistics, including GDP, on the Blockchain to enhance data transparency, prevent tampering, and promote the modernization of government data distribution. This move is not only a concrete implementation of the Trump administration's "embrace encryption" policy but also a key step under the advancement of the "2025 U.S. Blockchain Deployment Act," which may reshape global investors' trust and usage of economic data.
[Policy Announcement and Background: Led by the Ministry of Commerce, GDP becomes the first on-chain indicator]
Business Secretary Ratnik recently reported to Trump, stating: "The Department of Commerce will begin using Blockchain to publish statistical information because you are the encryption president. We will put GDP data on the Blockchain, allowing people to distribute data using the Blockchain." Although a specific timeline has not yet been announced, GDP data will be among the first metrics to be put on-chain, with potential expansion to other government statistical areas in the future.
This plan originates from the "American Blockchain Deployment Act" (H.R. 1664) passed with bipartisan support in June 2025, which designates the Department of Commerce as the leading agency for federal government blockchain technology, responsible for developing technical standards, national strategies, and providing policy recommendations to the President. The Department of Commerce's action is the first substantive measure to fulfill this statutory responsibility.
[Technical Implementation and Significance: Anti-tampering, Instant Distribution, Enhancing Government Data Credibility]
Placing key economic data such as GDP on-chain can significantly enhance the credibility and timeliness of the data by leveraging the immutable, transparent, and traceable characteristics of Blockchain. Supporters believe that this system will:
Reduce the risk of data manipulation or premature disclosure.
Improve the efficiency of government data distribution.
Set a new standard for the release of economic data for countries around the world.
In addition, multiple agencies, including the Department of the Treasury, the Office of Financial Services, and the Department of Defense, are exploring the application of Blockchain for government expenditure tracking, defense supply chain management, and other scenarios, demonstrating the federal government's broad interest in adopting this technology.
[Regulatory Environment and Supporting Measures: The Trump Administration Fully Promotes Encryption Innovation]
The current government is taking multiple measures to promote the development of digital assets. An executive order in January 2025 requires various agencies to accelerate digital asset innovation and establish a favorable regulatory framework. In addition, Trump has signed the GENIUS Act and is pushing for the CLARITY Act and the Anti-CBDC Surveillance Nation Act to be reviewed by the Senate.
On the other hand, the government working group urged the SEC and CFTC to clarify the rules regarding the custody, trading, registration, and record-keeping of digital assets as soon as possible, while also calling for the elimination of bureaucratic obstacles that hinder financial innovation. Trump also signed an executive order allowing Americans to include cryptocurrencies in retirement accounts such as 401(k), impacting a retirement asset market worth up to $43.4 trillion.
SEC Chairman Paul Atkins also announced the launch of "Project Crypto", aimed at promoting the on-chain transformation of the securities market, clarifying token classification rules, and establishing a safe harbor system for token issuance in response to the growing demand for securities tokenization from Wall Street and Silicon Valley.
[Market Impact and Future Outlook: Economic Data on-chain May Restructure Global Capital Flows]
GDP is one of the most closely watched economic indicators by global investors, and its release directly impacts interest rate expectations, asset prices, and policy formulation. The GDP data released on the Blockchain will provide an instant, tamper-proof access channel, helping to reduce data discrepancies, establish a single trusted data source, and thereby enhance market operational efficiency.
Once the United States successfully implements this model, it is likely to lead other countries to follow suit, forming a new paradigm for global economic data releases.
[Conclusion]
The U.S. initiative to transplant GDP data onto the Blockchain marks the formal entry of blockchain technology from private sector innovation into the core scenario of national governance. This not only reflects the policy tone of the Trump administration as the "encryption president," but also hopes to significantly enhance the credibility and availability of economic data. As relevant bills and regulatory policies continue to improve, the U.S. is attempting to reclaim its global leadership position in the blockchain and digital asset space, setting a new benchmark for future inter-country data transparency competition.