The Elon Musk DOGE is studying the use of Blockchain to enhance the efficiency and transparency of the American government ⋆ Zycrypto

It is said that the Ministry of Governmental efficiency (DOGE), the new initiative to reduce costs led by Elon Musk, is the richest man in the world and a major ally of President Trump, exploring the implementation of Blocchain technology that supports Bitcoin and other encrypted currencies to improve transparency and other potential benefits of US government operations and spending.

Possible discussions and applications

Bloomberg I mentioned On Saturday, Musk’s DOGE agency held discussions with representatives from many current public bloc chains, according to unknown sources familiar with the matter.

However, specific Blockchain networks have not been mentioned Bloomberg He claimed that the newly charged non -governmental administration is keen to use a blockchain to monitor government spending, flow of payment systems, enhance data security measures, and perhaps even the administration of US government buildings.

The sources indicate that Doge representatives evaluated the technical advantages of many public blockchain platforms for these applications, and participated in discussions on how to combine blockchain through various governmental operations.

The former CEO of Binance, Changpeng Zhao, shared his ideas after reports that Musk and Doge are thinking about Blockchain to track government spending and reduce federal deficit in the United States. Chao Assume In a post on January 25 on x:

“Unforgettable opinion: All governments must follow all their spending on Blockchain – a notebook of a non -changing general professor. It is called” public spending “for some reason.

The agency of the Ministry of Government, which participates in the same index, has been discussed with MUGECOIN’s favorite cryptocurrencies, in President Donald Trump’s campaign then Become After winning the elections in November. Musk was supposed to participate in leading the initiative with the businessman supporting the encrypted currencies Vivic Ramasuami, but the latter left this week to run for the position of governor of Ohio.

Makek was a long time ago from the most enthusiastic about Dogecoin, while Trump was first unnoticed by NFTS via ETAREUM, Polygon and Bitcoin. Moreover, the official $ Trump and $ Melania Meme currencies were launched on Solana last week. Hence, it is unclear what blockchain (blockchain) can be used in the potential Doge Blockchain project.

Doge takes the first steps

On January 21, DOGE launched its official website and briefly appeared for the Dogecoin logo. The price of the largest Mimi currency in the world Staggering After launching the site. However, the Dogecoin logo has since been removed from the time of publication.

If the Dockchain initiative is implemented, it is possible that the largest government Blockchain project in the history of the United States.

Meanwhile, this development indicates a major step in the Trump government’s pursuit of digital assets. On Thursday, the new Commander in Chief Fell A historical executive matter related to encrypted currencies to establish the presidential work group concerned with digital asset markets.

The group, headed by White House Ai & CZAR DAVID SACKS, was assigned to formulate federal digital assets and explore the creation of a strategic national stock of digital assets. The Executive Labor Organization also prohibits federal agencies from developing digital currencies of the Central Bank (CBDCS).