BlockBeats News, August 28th, according to an official announcement, the U.S. Department of Commerce today announced that it will start publishing actual Gross Domestic Product (GDP) data on the blockchain from July 2025. Based on the revised estimates released by the Bureau of Economic Analysis, the GDP in July 2025 grew at an annualized rate of 3.3%. This is the first time a federal agency has published economic statistics in this way on the blockchain, and it is the latest initiative by the Department of Commerce to protect federal data using innovative technology and promote public use.

The Department of Commerce has released the official hash value of the 2025 quarterly GDP data (which in some cases also includes GDP aggregate data) to the following nine blockchains: Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism. Additionally, with coordination with Pyth and Chainlink oracles, this data has been further disseminated. The trading platforms Coinbase, Gemini, and Kraken assisted in promoting the Department of Commerce's data release. The Department of Commerce will continue to innovate and expand the scope of future data set releases (such as GDP), including using more blockchains, oracles, and trading platforms.

Through this milestone initiative, the Department of Commerce hopes to demonstrate the widespread applicability of blockchain technology while providing a proof of concept for the entire government and continuing the historic efforts of the Trump administration to establish the United States as a global blockchain hub.