CZ: "Governments Worldwide Should Enhance Public Spending Transparency with Blockchain"
YM Lee
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Summary
- Changpeng Zhao, the founder of Binance, stated that public spending should be tracked through blockchain.
- Blockchain, as an immutable public ledger, can enhance the transparency of public spending.
- He expressed his agreement with the proposal reportedly made by Elon Musk and the Department of Government Efficiency (DOGE).
Changpeng Zhao, the founder of Binance, expressed his agreement with the 'blockchain-based government spending tracking infrastructure' reportedly proposed by Elon Musk and the Department of Government Efficiency (DOGE).
According to a report by Cointelegraph on the 26th (local time), Changpeng Zhao stated on his X (Twitter) that "all governments should track spending through blockchain. Blockchain, as an immutable public ledger, can enhance the transparency of 'public spending'."
