Elon Musk's DOGE is considering blockchain adoption in gov't efficiency push: Bloomberg
Powered by @unfolded- Elon Musk's Department of Government Efficiency (DOGE) is exploring blockchain technology for improving federal government systems, including tracking spending and managing assets.
- DOGE representatives have met with various blockchain providers, although specific networks have not been disclosed, and discussions are still in early stages.
- The organization operates largely in secret, using encrypted messaging apps, and has recently seen leadership changes with the departure of co-leader Vivek Ramaswamy.
- Binance founder Chengpeng Zhao supports the idea of using blockchain for public spending transparency, emphasizing the importance of an immutable public ledger.