Editor's PiCK
U.S. Secretary of Commerce: "Will Build Blockchain-Based Economic Data Infrastructure"
YM Lee
Summary
- Howard Lutnick, U.S. Secretary of Commerce, announced plans to establish an economic data system based on blockchain.
- It was reported that this system will be promoted as part of policies for the virtual asset industry.
- Secretary Lutnick said that blockchain will be used for distributing GDP and other economic data, and that this will be expanded to all government agencies.
Howard Lutnick, the U.S. Secretary of Commerce, announced plans to create an economic data system based on blockchain.
According to a report from Decrypt, a media outlet specializing in virtual assets (cryptocurrency), on the 27th (local time), Howard Lutnick stated, "As part of the Trump Administration's virtual asset industry policy, there are plans to build a 'blockchain' economic data infrastructure."
Secretary Lutnick explained, "We plan to utilize blockchain for the distribution of economic data such as Gross Domestic Product (GDP), and this initiative will soon be expanded to all government agencies."
YM Lee
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