RE: LeoThread 2025-08-28 12:19
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This is the first time a federal agency has published economic statistical data like this on the blockchain, and the latest way the Department is utilizing innovative technology to protect federal data and promote public use.
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This is a game-changing move by the Department of Commerce. Publishing economic data on blockchain ensures transparency and trust. Imagine by 2030, all federal data could be tamper-proof, turning scarcity of trust into abundance of credibility
You are right. It is a game changer. We will likely see more numbers from the state department placed on blockchains. I read they posted on 9 different blockchains.
Incredible to see them using 9 different blockchains already. This kind of redundancy ensures data integrity and sets a precedent for other agencies. By 2030, blockchain could be the backbone of all public data systems
Yeah. Redundancy is nice and also decentralizes (or distributes) the data more.
This places it on 9 different networks, removing the likelihood that it will disappear. One chain might go down but not 9.
Absolutely, distributing data across 9 networks is a brilliant move for resilience. It’s a step toward a future where data loss is virtually impossible. By 2030, this could be the standard for all critical public information