US
US Government Data on Blockchain
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 6
Pending: 4
Unrated: 0
Prediction
Author
Predicted at
Status
Video
The US aims to make its economic data immutable and globally accessible through blockchain technology.
"Make America's economic truth immutable and globally accessible like never before."
Sep 7, 2025
Correct
Chainlink has made economic data available on 10 blockchains, including Arbitrum, Avalanche, Base, Botanix, Ethereum, L2s, Mantle, Optimism, Sonic, and zkSync Era, with potential for more chains based on demand.
"Chainlink published a blog stating that the economic data had been made available on 10 different bl..."
Sep 7, 2025
Correct
Key economic indicators like CPI, non-farm payrolls, unemployment rate, retail sales, durable goods orders, trade balance, and industrial production are likely candidates to be added to the blockchain next.
"the data sets that are most likely to end up on chain next are the big hitters, so to speak. This me..."
Sep 7, 2025
Pending
The Commerce Department will start by putting GDP data on-chain, with plans to add more economic data in the future and subsequently, other government agencies will also move their data onto the blockchain.
"the Commerce Department will be adding gross domestic product data on chain with more economic data ..."
Sep 7, 2025
Incorrect
Chainlink will be responsible for bringing economic data on-chain, while Pyth will handle data verification and historical tracking.
"Chainlink will be the oracle used to bring the economic data on chain whereas Perth will be responsi..."
Sep 7, 2025
Pending
The Commerce Department has already published key economic indicators, including GDP and PCE data, on-chain.
"the Commerce Department distributed three pairs of key economic indicators from the Bureau of Econom..."
Sep 7, 2025
Incorrect
Chainlink and Pyth will be used as oracle networks to facilitate the transfer of data to the selected blockchains, with support from Coinbase, Gemini, and Kraken.
"The agency also confirmed that it had sent data through Chain Link and Pith, both of which are oracl..."
Sep 7, 2025
Pending
The US government will begin publishing economic data on blockchain networks, leading to renewed investor optimism in the crypto space.
"the US government has announced it's moving onchain through a series of crypto partnerships, reignit..."
Sep 7, 2025
Incorrect
The US government's strategy involves a gradual process of migrating all its data onto blockchain technology.
"the US government is slowly going to put all of its data on chain."
Sep 7, 2025
Incorrect
Economic data will be updated on-chain monthly or quarterly via Chainlink's data feeds, with Pyth providing 5 years of historical GDP data updated quarterly.
"this macroeconomic data is being pushed onchain through chain links data feeds and will be updated m..."
Sep 7, 2025
Pending
The process for publishing data involves creating a SHA-256 hash of the original PDF document containing the economic data.
"the BEA published the data as a PDF. Uh the commerce department then downloaded this PDF and applied..."
Sep 7, 2025
Correct
Nine specific blockchains have been selected by the US Commerce Department to host government economic data: Bitcoin, Ethereum, Solana, Tron, Stellar, Avalanche, Arbitrum 1, Polygon Proof of Stake, and Optimism.
"nine different blockchains were named by the commerce department in its affforementioned press relea..."
Sep 7, 2025
Incorrect
Other government departments like the Treasury, Bureau of Labor Statistics, Census Bureau, SEC, and Federal Reserve are expected to move various data sets (budget, employment, population, etc.) onto the blockchain.
"the Treasury Department could publish things like budget data, Treasury yields, and federal debt. Th..."
Sep 7, 2025
Incorrect