US Commerce Department Brings Official Economic Data On-Chain with Chainlink

The U.S. Department of Commerce has partnered with Chainlink to provide on-chain economic data, making official U.S. macroeconomic indicators accessible across multiple blockchain networks.

This collaboration involves the Bureau of Economic Analysis data, including real GDP and the PCE Price Index, which are now live on prominent chains such as Ethereum, Base, and Arbitrum.

The integration of government data with blockchain technology could enhance the potential for smart contracts and decentralized applications to utilize reliable economic indicators.