Musk exploring blockchain use in US government efficiency effort
- Elon Musk is exploring blockchain technology to enhance efficiency in the Department of Government Efficiency and cut federal spending by up to $2 trillion.
- The Doge is considering using a blockchain ledger to track government spending, a concept previously suggested by Robert F. Kennedy Jr.
- Crypto leaders, including Changpeng Zhao, advocate for tracking government spending on a blockchain to improve transparency and accountability.
- The Doge is seeking tech experts to help identify and eliminate waste in government spending, though it has not officially confirmed its blockchain plans.
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Leaning Left1Leaning Right6Center5Last UpdatedBias Distribution50% Right
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C 42%
R 50%
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