• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Blockchain and Public Spending: Elon Musk's Role

user avatar

by Giorgi Kostiuk

10 months ago


Under Elon Musk's leadership, the D.O.G.E. department has highlighted blockchain for monitoring public spending in the US. The focus is on the potential use of Cardano.

Technological Compatibility and Efficiency

Elon Musk suggested possible blockchain integration for efficient tracking of public expenditures. Community members claim Cardano has advanced decentralized technologies.

I advocate that expenditures should be transparent on the public ledger.Darren Kelly

Cardano Seeks a Slice of the Pie

Other blockchain projects, including Ethereum and Solana, are part of the discussion. Cardano's strengths lie in developments like the Plomin hard fork, aligned with transparency and democratization goals.

I offered support to D.O.G.E.Charles Hoskinson

Diverse Opinions on Technology Choice

Various opinions exist on the technology choice for the project. Cardano's long-standing operational history and regulatory compliance could benefit transparent expenditure tracking.

The project is in the discussion phase, and no final technology choice has been made. Monitoring the developments is crucial for understanding future directions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SAILr Token Sale Launches, Connecting Crypto Investors to Amazon Revenue

chest

The SAILr token sale allows investors to earn a share of Amazon's sales revenue through a unique cryptocurrency model.

user avatarGustavo Mendoza

Other Financial Institutions Echo BofA's Crypto Sentiment

chest

Major financial institutions like BlackRock and Fidelity are recommending cryptocurrency allocations, reflecting a shift in the perception of digital assets.

user avatarRajesh Kumar

Bitcoin ETF Outflows and Macro Signals Contribute to Market Pressure

chest

Significant outflows from Bitcoin spot ETFs and global macroeconomic developments are adding pressure to the cryptocurrency market.

user avatarMiguel Rodriguez

Polymarket Receives CFTC Approval for Intermediated Trading

chest

Polymarket has received CFTC approval to operate an intermediated trading platform, enabling direct onboarding of brokerages and customers for trading in the US.

user avatarLuis Flores

US ISM Manufacturing PMI Drops to 482, Signaling Economic Challenges

chest

The US ISM Manufacturing PMI for November 2025 has decreased to 482, marking the ninth consecutive month of contraction.

user avatarMaria Gutierrez

Litecoin Faces Market Pressure Amid Broader Volatility

chest

Litecoin recently experienced a significant dip, dropping by 7.75% to 77.43 due to broader market volatility and shifts in investor sentiment. Despite this, it maintains strong recognition and infrastructure support.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.