2025-1-26 14:15 |
Elon Musk’s Department of Government Efficiency (D.O.G.E) is reportedly evaluating blockchain technology as part of efforts to streamline federal operations.
Although official confirmation is pending, several blockchain developers have expressed a willingness to participate.
Crypto Stakeholders Rally Behind D.O.G.E’s Blockchain PushA Bloomberg report suggests Musk’s D.O.G.E is exploring how blockchain could improve governance by enhancing transparency and cutting costs. Potential use cases include monitoring government expenditures, securing sensitive data, managing payment systems, and tracking federal properties. This initiative could represent a transformative step for public administration in the United States.
Market observers pointed out that blockchain’s decentralized and transparent design would allow for real-time access to data. It would also reduce the risk of corruption, and ensure that public funds are used effectively. Moreover, the move could set a new benchmark for technology integration in government operations.
Additionally, the technology could align with D.O.G.E’s broader mission of eliminating inefficiencies and improving accountability. D.O.G.E, formed by an executive orderon January 20, focuses on modernizing government systems. The department collaborates with the White House Office of Management and Budget to propose cost-saving reforms. Its initial recommendations are expected by July 4, 2026.
While Musk has not yet announced a formal blockchain plan for D.O.G.E, several prominent figures in the crypto industry have expressed support. Indeed, Binance’s former CEO, Changpeng Zhao, highlighted blockchain’s ability to provide transparent public spending records, calling it an ideal tool for monitoring government finances.
Similarly, Charles Hoskinson, founder of Cardano, proposed integrating a combination of blockchains, including Cardano and Bitcoin, into the initiative. He even offered these services at no cost, underscoring the enthusiasm from industry leaders for such a high-profile project.
“Well, I’m thinking this is a job for a triumvirate of Cardano, Bitcoin, and Midnight. Dogemaster [Elon Musk] give us a call. We’ll do it for free,” Hoskinson said.
Meanwhile, this initiative is part of a larger trend within the Donald Trump administration’s effort to embrace blockchain and digital assets. Recent actions include the formation of a dedicated crypto task force aimed at establishing clear regulations and exploring strategic opportunities within the emerging industry.
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