Kraken Selected by U.S. Commerce Department to Spearhead Economic Data Publication on Blockchain

Kraken, a leading digital asset exchange, has announced its selection by the U.S. Department of Commerce to participate in a groundbreaking project focused on publishing economic data on the blockchain. This collaboration marks a significant advancement towards enhancing transparency and efficiency in the dissemination of government data. The initiative aims to explore how blockchain technology can facilitate broader public access to economic data, while also ensuring its security and integrity. Kraken will work closely with the Department of Commerce to develop and implement innovative solutions leveraging blockchain’s capabilities for data management. This project is expected to improve access to critical economic information, enabling more informed decision-making by businesses, investors, and researchers. The selection reflects Kraken’s commitment to innovation and support for emerging technologies that can revolutionize data and information management.