Elon Musk evaluating blockchain for US government operations. Can financial transparency be achieved? Learn more about the potential use of blockchain in government.
Elon Musk, the head of the Department of Government Efficiency (DOGE), is exploring the use of blockchain technology to streamline US government operations. His goal is to track and reduce federal costs by utilizing this technology. The department is also evaluating blockchain’s potential for securing data, processing payments, and managing structures. This initiative is part of Elon Musk’s broader aim to cut trillions of dollars from the annual federal budget and enhance transparency in the government.
