by Belle Carter, Natural News:
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- Elon Musk, head of the newly formed Department of Government Efficiency (DOGE), is exploring the use of blockchain technology to track and manage U.S. government expenditures, aiming to enhance transparency, secure data, streamline payments and build management.
- This initiative aligns with Musk’s mission to eliminate trillions of dollars from the federal budget and ensure accountability, building on proposals like Robert F. Kennedy Jr.’s 2024 idea to put the entire federal budget on a blockchain for public scrutiny.
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- DOGE officially launched on Jan. 21, with the goal of modernizing federal technology and software. The department, created by an executive order from President Trump, is tasked with identifying spending cuts and delivering recommendations by July 4, 2026.
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- While blockchain offers potential benefits, experts warn of the complexities and challenges in applying it to a large, complex entity like the U.S. government. Issues include loss of control with public blockchains and the sufficiency of conventional databases for similar tasks.
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- Despite concerns, some institutions have successfully implemented blockchain for specific purposes, such as the California DMV and BlackRock. If DOGE proceeds, it would be the largest government blockchain project in U.S. history, reflecting the administration’s commitment to using advanced technology to tackle inefficiency and waste.
In a bold move to modernize federal operations and curb wasteful spending, Elon Musk, head of the newly established Department of Government Efficiency (DOGE), is reportedly exploring using blockchain technology to track and manage U.S. government expenditures.
According to sources familiar with the discussions, the initiative aims to enhance transparency, secure sensitive data, streamline payments and build management. This effort aligns with Musk’s mission to eliminate trillions of dollars from the federal budget and ensure accountability in government operations.
The discussions, which have included consultations with representatives from public blockchain networks, mark a significant step in the Trump administration’s push to integrate digital assets into federal systems. While the initiative is still in its early stages, it has already sparked debate about the feasibility and necessity of using blockchain for such large-scale government projects.
The idea of leveraging blockchain technology to increase government transparency is not new. In April 2024, former presidential candidate Robert F. Kennedy Jr. proposed putting the entire federal budget on a blockchain, allowing citizens to scrutinize every expenditure in real-time.
“Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day,” Kennedy told a rally in Michigan. “We are going to have 300 million eyeballs on our budget. If somebody is spending $16,000 for a toilet seat, everybody will know about it.”
Kennedy’s proposal resonated with small-government advocates and fiscal conservatives, who have long criticized the federal government’s unchecked spending. Musk’s initiative appears to build on this momentum, with the DOGE exploring how blockchain could be used not only to track spending but also to secure data, facilitate payments and manage federal infrastructure.
DOGE takes its first steps
The DOGE officially launched its website on Jan. 21, adopting the logo of Dogecoin, the cryptocurrency that inspired its name. The move caused a brief surge in Dogecoin’s price, which rose approximately 11 percent to $0.38 following the announcement. However, the department’s mission extends far beyond memes and cryptocurrencies.
Created by an executive order signed by President Donald Trump on Jan. 20, DOGE is tasked with modernizing federal technology and software to maximize efficiency and productivity. The department is expected to work closely with the White House Office of Management and Budget to identify spending cuts and deliver recommendations by July 4, 2026.
