U.S. Commerce Department to Publish GDP Data on Blockchain for Enhanced Transparency

The U.S. Department of Commerce has announced that it will begin publishing statistical data on a blockchain, as confirmed by Commerce Secretary Gina Raimondo in a recent statement. The department is currently in the final stages of planning to publish Gross Domestic Product (GDP) data using the same technology [1]. This initiative represents a notable shift in how the U.S. government intends to distribute and manage critical economic data, with a focus on leveraging blockchain for enhanced transparency and accessibility [1].

By adopting blockchain technology, the Department of Commerce aims to ensure that the data it releases remains tamper-resistant, secure, and easily verifiable. This approach is expected to improve public trust in official statistics by providing a transparent and unchangeable record of data transactions [1]. Additionally, blockchain’s decentralized nature could facilitate faster access to real-time economic indicators, allowing for more timely decision-making by policymakers, investors, and businesses [1].

The move also reflects a broader trend in the public and private sectors to explore blockchain’s potential in managing and verifying data. Governments and institutions worldwide have been experimenting with the technology for applications ranging from land registry systems to digital identity verification. The U.S. Department of Commerce’s initiative, if implemented successfully, could serve as a blueprint for other agencies or countries considering similar digital transformations [1].

While the exact implementation timeline for publishing GDP on the blockchain has not yet been disclosed, the department’s active engagement in finalizing the details indicates a clear commitment to the project. The initiative signals a strategic recognition of blockchain’s value beyond financial applications and into the realm of public data governance [1].

This development is particularly noteworthy given the increasing emphasis on data integrity and transparency in the post-digital economy. As the U.S. government moves toward integrating blockchain into its data dissemination strategy, it is likely to prompt further discussions and innovations in how public information is recorded, shared, and validated [1].

Source: [1] Morning Briefing - 2025 • Yardeni Research (https://archive.yardeni.com/morning-briefing-2025/)