The Department of Government Efficiency (DOGE ($0.33)), launched by the Donald Trump administration, continues to progress under the leadership of Tesla CEO Elon Musk.
At this point, news came out that DOGE was preparing to use blockchain technology over the weekend.
Musk plans to use blockchain technology in DOGE to track government spending, protect data, manage payments and even public buildings, Bloomberg reported on Jan. 25.
While it is evaluated that DOGE’s integration with blockchain technology could surpass the blockchain trials in the private sector to date, the cryptocurrency community is also closely following the developments in this regard.
At this point, Cardano (ADA ($0.92)) founder Charles Hoskinson offered to help Elon Musk with his plan to use blockchain to improve Government Efficiency (DOGE).
“This is perfect for Cardano, Bitcoin and Midnight. Elon, reach out to us, we’ll do it for free!”
Bloomberg also reported that Musk plans to meet with multiple public blockchains for DOGE blockchain integration. At this point, experts said that Cardano is the top candidate because it is an American chain. Experts also added that other potential American blockchains that could be used to track government spending include Solana (SOL ($235.39)) and Hedera Hashgraph.
Cardano, which has fallen 7.7% in the last 24 hours, continues to trade at $0.913 at the time of writing.
*This is not investment advice.
Continue Reading: Cardano (ADA) Founder Charles Hoskinson Offers Collaboration to Elon Musk! “Contact Us!”
