Elon Musk and his team reportedly proposed to use Blockchain technology to increase government efficiency in the US. According to Bloomberg, Musk recommends technology to follow public expenditures. He also recommended to secure data and facilitate payments. Musk said it can be used to make the management of the government’s buildings more effectively.
Blockchain Technology and the role of Doge
Elon Musk is the leader of Donald Trump’s newly created Government Productivity Department. Using Blockchain as a transparent digital book, Musk stressed that federal expenditures can be watched more accurately with less cost. It is stated that the representatives of the department had negotiations with many public Blockchain leaders in this direction.
Musk criticized the spending of 6.7 trillion dollars in 2024 in the US in 2024. He described a large part of this figure as “waste .. As a result of this, Musk was implemented as a result of his search for solutions to Doge. Tesla CEO promises to reduce expenditures with the work of this department to a maximum of 2 trillion dollars.
Trump’s Crypto-Dostu Policies and Birth of Dogge
It is known that Donald Trump has been trying to establish a crypto -friendly order since the first days of the second presidency. With Musk’s Dge Leader on January 20, 2025, Trump also signed a decree to form a working group to review the regulations on digital assets. Led by Venture Capitalist David Sacks, this group aims to analyze existing regulations and accelerate the policy -making process in the crypto currency.
It is underlined that Doge’s name selection is a reference to Elon Musk’s favorite crypto currency, Dogecoin (Doge). Given Musk’s close relationship with crypto currencies, it is not surprising that the use of blockchain includes the use of government productivity.
How can Blockchain technology transform public operations?
In line with Musk’s plan, Blockchain technology can add innovation to public operations in many respects:
- Tracking of public expenditures:Thanks to Blockchain, expenditures can be monitored in a transparent way, unnecessary costs can be eliminated.
- Data Security:Using a decentralized structure, public data can be made safer against cyber attacks.
- Acceleration of payments:Blockchain can make government payments faster and safer by processing payments instantly.
- Asset Management:Blockchain -based monitoring and management systems can be used in the management of state buildings and properties.
All of these projects are considered as an important step towards demonstrating the potential of Blockchain technology in the public sector. It will be clear whether Musk and Doge can apply this initiative successfully in the coming periods.
