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U.S. Commerce Department Publishes GDP Data on Blockchain Technology

Unleashing government data onto the blockchain sets off an explosive surge of novel financial tools.

US government department publishes GDP data on blockchain technology
US government department publishes GDP data on blockchain technology

U.S. Commerce Department Publishes GDP Data on Blockchain Technology

The Department of Commerce has made history by publishing the Quarterly Gross Domestic Product (GDP) data for Q2 2025 on a blockchain, marking the first time a federal agency has done so for economic statistical data.

The contract's SHA256 Hash, which verifies the integrity of the data, can be found at this link. The resulting hash for the data release is .

The data was published on nine blockchains, including Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism. The smart contract source code, following the MIT license, was compiled with the Solidity compiler v0.8.30 on Ethereum mainnet and v0.8.24 on other chains, with the optimizer disabled.

The contract's timestamp is set to the time of deployment, and the EVM version for mainnet is set to Prague, while it's set to Cancun elsewhere. The data was further disseminated through coordination with the oracles, Pyth and Chainlink.

Exchanges, Coinbase, Gemini, and Kraken, helped facilitate the Department's publishing, while the Bureau of Economic Analysis data can be accessed through the agency's Application Programming Interface available at this link.

The contract's GDP Q2 2025 value is in increments of tenths. The revised estimates for GDP growth in July 2025 were 3.3 percent.

The Department published this data for informational purposes only and does not endorse any specific blockchain, service, or associated activities. This move is part of the Department's initiative to demonstrate the wide utility of blockchain technology and a proof of concept for all of government. The Department hopes to build on the Trump Administration's historic efforts to make the United States the blockchain capital of the world.

Notably, there is no publicly available information indicating that the U.S. Chamber of Commerce used any blockchain platforms to publish the Gross Social Product (Bruttosozialprodukt) data for the second quarter of 2025.

The Department of Commerce will begin posting real GDP data on the blockchain starting from July 2025. This marks a significant step forward in the government's use of blockchain technology and its commitment to transparency and innovation.

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