The entrepreneur Elon Muskleader of the newly created Department of Government Efficiency (Doge), began to explore the use of technology blockchain (Bitcoin base) in the newly created department of government efficiency, according to sources close to discussions. This initiative is part of Trump’s efforts to boost the crypto sector.
The Doge leader mentioned the possibility of using a digital lace book as a tool to reduce government costs, according to one of the sources that requested anonymity. Among the applications under analysis are the tracking of public spending, data protection, payments and real estate management.
According to reports, representatives of DOGE met with members of blockchain public projects to evaluate the effectiveness of technology. So far, there has been no official position of the White House or doge on the plans.
Musk’s initiative is aligned with the name of the department, a reference to Blockchain -based Dogecoin cryptocurrency. Recently, Trump has signed an executive order by creating a working group about digital assets, reinforcing sector -favorable policies.
Created on January 20, Doge aims to modernize federal technology, improve government productivity and propose spending cuts by 2026. Even before Trump’s inauguration, Musk gathered about 100 volunteers to collaborate in the department’s technological projects.
Potential applications and doubts
Blockchain is just one of the tools that Musk’s team plans to explore to increase government efficiency. Technology has been considered a way to record transactions and protect data in a decentralized manner without depending on a central authority. Companies like Walmart have already experienced private blockchains, but faced barriers in cost and efficiency.
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Sam Hammond, chief economist at the Foundation for American Innovation, pointed out that an internal blockchain can bring greater security and transparency. However, he wondered if a conventional database system would not be a more practical solution.
On the other hand, public blockchains, such as those used by Bitcoin, present limitations for government use due to lack of control over the data entered. Still, institutions such as Blackrock and California’s motor vehicle department have adopted this technology in some of its processes.
If the doge advances with the blockchainit will be considered an unprecedented step and of great impact on American Public Administration.
