The US government has begun publishing GDP data on the blockchain, initially covering nine blockchains.

According to Bloomberg, the US government announced an innovative initiative on Thursday: it will begin publishing gross domestic product (GDP) data on multiple public blockchains. This move is widely seen as another clear signal of the Trump administration's support for the cryptocurrency industry.

According to Commerce Department officials, the initiative aims to provide a supplementary channel for disseminating economic data, not a replacement for existing official release channels. Initially, the US government will publish cryptographic hashes of GDP data on nine blockchain platforms, including Bitcoin, Ethereum, and Solana, to enhance data verifiability and transparency.

The Commerce Department further stated that the Trump administration plans to gradually expand the project to include more blockchain platforms, further enhancing the breadth and security of data release.

Officials emphasized that this blockchain initiative is unrelated to the recent dismissal of the Director of the Bureau of Labor Statistics and is driven solely by technological advancements and policy innovations.

Commerce Secretary Howard Lutnick is reportedly the key figure in driving this policy forward. Under his leadership, the Department of Commerce is actively exploring the use of distributed ledger technology to optimize the dissemination of important economic data.

Earlier this year, Lutnick proposed adjustments to GDP calculations to reduce the impact of government spending on the final figures. The release of data on a blockchain can be seen as part of his broader reform strategy. U.S.

GDP data is compiled and released by the Bureau of Economic Analysis (BEA), part of the Department of Commerce, and has always been highly valued by global financial markets and policymakers. The introduction of blockchain technology not only demonstrates the U.S. government's openness to the application of emerging technologies but also has the potential to set new standards for the future release and management of public data.