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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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