US Commerce to publish GDP data on blockchain, says Lutnick

US Commerce Secretary Howard Lutnick said the Department of Commerce will begin publishing economic statistics, including gross domestic product (GDP) data, on the blockchain.

Lutnick made the announcement during a White House cabinet meeting on Tuesday, describing the effort as a move to expand blockchain-based data distribution across government agencies. Speaking to US President Donald Trump and other government officials, he said:

“The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto…