U.S. Department of Commerce Partners with Chainlink to Launch On-Chain Economic Data

Gate News bot message, the U.S. Department of Commerce has initiated a collaboration with Chainlink to make governmental macroeconomic data available on blockchain networks. Through this unprecedented partnership, the Department of Commerce becomes the first major U.S. federal agency to integrate economic data into blockchain networks.

The initiative leverages Chainlink's oracle network to facilitate the transfer of critical economic datasets, enabling direct access to official government statistics through blockchain technology. This integration marks a significant step in bringing traditional economic data infrastructure into the digital asset ecosystem.