The American trade secretary and former CEO of Cantor Fitzgggerald, Howard Lunick, announced that they will integrate blockchain technology in Goveern’s economic reports.
Speaking at the meeting of the cabinet of Prsident Donald Trump on August 26, Lutnick said: “The trade department will begin to publish its statistics on the blockchain. Crypto presenting, and we will publish GDP data on the blockchain so that people can use this technology for data distribution.
Lutnick status that the details of the project are still being developed, but it is designed to be shared with all convent agencies. He added that the initiative will be a grouping method to update economic relationships, leading to great transparency on the world markets.
Lutnick, known for his positive attitude towards cryptocurrencies, counted in charge of gold bitcoin, defended Tether’s reserves and rejects criticism that stablecoins are linked to illegal finance. Here
Lutnick also noted that the collaboration with David Sacks, the crypto and the artificial intelligence head of the White House, made possible the creation of the Bitcoin Strategic Reserve while assessing the first 100 days of Trump during a rally in a rally in Michigan on April 28.
* These are not impact advice.
