The US Department of Commerce Partners with Pyth Network for On-Chain Economic Data. The US Department of Commerce announced a partnership with Pyth Network to put gross domestic product (GDP) and other key economic data on-chain. This represents a breakthrough in macroeconomic data transparency, enabling verifiable, real-time access directly through the blockchain. This initiative also strengthens the US's position in public data tokenization experiments, which could become a new standard for global economic data usage in the Web 3 era.
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The US Department of Commerce Partners with Pyth Network for On-Chain Economic Data. The US Department of Commerce announced a partnership with Pyth Network to put gross domestic product (GDP) and other key economic data on-chain. This represents a breakthrough in macroeconomic data transparency, enabling verifiable, real-time access directly through the blockchain. This initiative also strengthens the US's position in public data tokenization experiments, which could become a new standard for global economic data usage in the Web 3 era.