FinanceMagnates
The U.S. Department of Commerce has turned to
cryptocurrency exchange Kraken to support a new initiative that will put gross
domestic product (GDP) data directly onto public blockchains. Announced by
President Donald Trump and Commerce Secretary Howard Lutnick, the plan marks
the first time a G7 country will use blockchain to distribute official economic
statistics.Blockchain Meets GDP DataUnder the project…
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Kraken Announces Selection by U.S. Commerce Department to Publish Economic Data on Blockchain
The U.S. Department of Commerce has turned to cryptocurrency exchange Kraken to support a new initiative that will put gross domestic product (GDP) data directly onto public blockchains. Announced by President Donald Trump and Commerce Secretary Howard Lutnick, the plan marks the first time a G7 country will use blockchain to distribute official economic statistics.Blockchain