U.S. GDP Now Immutable—Government Seals Data on Blockchain for Global Access

The U.S. Department of Commerce has taken a significant step by posting real-time GDP data onto blockchain networks, marking the first time a federal agency has done so. Beginning with the July 2025 data release, the Department aims to leverage blockchain technology to enhance data security, transparency, and public accessibility. According to the U.S. Bureau of Economic Analysis, GDP increased at an annual rate of 3.3 percent in July 2025 in the revised estimates [1].

The initiative involved publishing a SHA256 hash of the quarterly GDP data release, along with the topline GDP figure, to nine major blockchains, including Bitcoin, Ethereum, Solana, and others. These blockchains were chosen to demonstrate the broad applicability of blockchain technology for economic data. The Department also worked with oracles such as Pyth and Chainlink, as well as exchanges like Coinbase, Gemini, and Kraken, to facilitate the dissemination of the data [1].

U.S. Secretary of Commerce Howard Lutnick emphasized the strategic importance of the initiative, stating that it aligns with the Trump administration’s goal of positioning the U.S. as the global blockchain capital. “We are making America’s economic truth immutable and globally accessible like never before,” Lutnick said. The move is part of a broader pro-crypto policy shift under Trump’s second term, which has seen increased engagement with blockchain and digital assets across government and private sectors [2].

The Department of Commerce deployed the hash and topline GDP data through various methods—either as memos or via smart contracts—on each blockchain. Notably, the Ethereum smart contract address used was 0x36ccdF11044f60F196e981970d592a7DE567ed7b, and the smart contract was compiled with the Solidity compiler version 0.8.30 [1]. The Department stressed that the data is shared for informational purposes only and that it does not endorse any specific blockchain or associated activities.

Lutnick’s comments and actions have drawn attention to the broader implications of blockchain in government data management. Sergey Nazarov, co-founder of Chainlink, praised the move, stating that it demonstrates the U.S. government’s commitment to leading in blockchain adoption. He noted that the integration of high-quality government data on blockchains through Chainlink could spur innovation in on-chain financial instruments [1].

As part of the Department’s ongoing efforts, future datasets, including GDP, are expected to be published using a wider range of blockchains, oracles, and exchanges. This initiative reflects a larger trend of governmental bodies exploring decentralized technologies to improve data integrity and accessibility. The Department has also made the Bureau of Economic Analysis data available through its API, encouraging developers and researchers to access and utilize the information [1].

Source: [1] U.S. Department of Commerce Posts GDP to Blockchain (https://www.marketsmedia.com/u-s-department-of-commerce-posts-gdp-to-blockchain/) [2] Howard Lutnick said the U.S. will publish GDP data on ... (https://www.mitrade.com/insights/news/live-news/article-3-1071003-20250827)