Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Elon Musk Investigates Blockchain Solutions for U.S. Government Spending

Elon Musk Investigates Blockchain Solutions for U.S. Government Spending

Cryptodnes2025/01/26 18:33
By:Cryptodnes

Elon Musk, influential in the current U.S. administration, is exploring blockchain technology for DOGE under the government efficiency department.

His initiative aims to integrate blockchain for various uses, including tracking government spending, enhancing data security, enabling smoother payments, and improving building management.

Musk’s discussions with public blockchain experts are still ongoing, with a focus on leveraging the technology’s potential.

Despite the attention this project is drawing, much of DOGE’s operations remain confidential.

READ MORE:
Ripple Identified as Biggest Obstacle to Bitcoin-Only Strategic Reserve

Staff members communicate through encrypted channels, notably via the Signal messaging app, ensuring the initiative operates discreetly.

In related news, Vivek Ramaswamy, who was initially slated to co-lead the project with Musk, recently stepped down to pursue his candidacy for Governor of Ohio, marking a shift in the project’s leadership.

SHARE: SHARES
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Tomorrow Could Be a Big Day for Ripple (XRP) and Solana (SOL) – Here’s What’s Rumored to Happen

If crypto market rumors are true, tomorrow could truly be a turning point for XRP and Solana.

Bitcoinsistemi2025/02/10 07:33

Long-awaited Altcoin Launches Mainnet, Releases Tokens

The altcoin, which has been long awaited by the cryptocurrency market, has finally launched its mainnet and released its tokens.

Bitcoinsistemi2025/02/10 07:33

The "VC Coin" Controversy: Examining the Token Distribution Dilemma of Crypto Projects through the BERA Token

The project should focus on the long-term healthy development of the protocol, align with the core community, and avoid excessive attention to "gamification" or transactions that only attract speculative capital in the short term after launch.

Chaincatcher2025/02/10 07:22

New spot margin trading pair — TSTBSC/USDT!

Bitget Announcement2025/02/10 06:55