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Elon Musk's DOGE Explores Blockchain for Tracking Federal Spending and Enhancing Efficiency
61 postsβ’Trump PolicyBlockchainsPoliticsTechCrypto
Elon Musk's Department of Government Efficiency (DOGE) is exploring the use of blockchain technology to enhance federal operations and reduce spending. The department, established by President Donald Trump, has initiated discussions with representatives from various public blockchains to assess their technology for potential applications in tracking federal spending, securing data, processing payments, and managing federal infrastructure. This move aligns with DOGE's goal to streamline government operations and cut costs, with Musk previously suggesting targets of $1 trillion to $2 trillion in savings.
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Will DOGE announce a blockchain platform for federal operations by mid-2025?
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Description
Official announcements from the Department of Government Efficiency
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Yes50%
No50%