U.S. Secretary of Commerce: Will put core economic data such as GDP "on the Blockchain"

The U.S. Secretary of Commerce announced that GDP and other economic indicators will be recorded on the Blockchain, and the market is paying attention to the long-term impact on investment decisions and data trust. (Background: Musk calls for governing with Blockchain! The Efficiency Department of the government has reportedly been secretly negotiating with multiple public chains, with CZ agreeing: all expenditures should be on-chain.) (Additional background: What does the ideal crypto world look like for bringing all real-world assets on-chain?) U.S. Secretary of Commerce Howard Lutnick (Howard Lutnick) announced on August 26 during a Cabinet meeting at the White House that the Department of Commerce will synchronize core economic data, including Gross Domestic Product (GDP), onto a public Blockchain. The Department of Commerce will begin releasing statistical data related to Blockchain, as you (Trump) are the cryptocurrency president. Lutnick further stated that the plan will soon be open to "the entire government." However, it is currently unclear which Blockchain network Lutnick plans to use to store these government statistical data, nor is it clear how this will help the Department of Commerce or other state government agencies achieve their goals. Transparency and immutability drive decision-making ecosystem upgrades. We know that Blockchain can retain timestamps and complete tracking records, allowing the outside world to compare original drafts with subsequent corrections in real-time, reducing suspicion towards government numbers. The market interprets that this move will further strengthen the legitimacy of Blockchain and attract more institutional funds into infrastructure. However, Blockchain can only ensure that the transmission process is not tampered with; statistical units must still maintain rigorous methods during the sampling and calculation phases for the data quality to truly gain trust. From a global perspective, Estonia and the EU EBSI have already demonstrated government on-chain cases, and the U.S. joining is expected to accelerate the formation of international trust standards and set discussion directions for future privacy protection and technology regulations. Related reports: Is Musk laying the groundwork for entering the cryptocurrency market? X platform collaborates with prediction market Polymarket. Polymarket predicts Ethereum trends: 76% of investors believe it will break $3,300 in July. Polymarket surprised by the "2025 Jesus Arrival" prediction betting market, with the community joking: Can the winnings be taken to heaven? <U.S. Secretary of Commerce: Core economic data such as GDP will be 'put on the Blockchain'> This article was first published in the BlockTempo《BlockTempo - The Most Influential Blockchain News Media》.