• 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

5 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.

Other news

TRON and Binance Alpha: Partnership for DeFi Growth

chest

TRON has announced a partnership with Binance Alpha to enhance decentralized finance (DeFi), increasing liquidity and market access.

user avatarGiorgi Kostiuk

Trump Tariffs and Their Impact on the Cryptocurrency Market

chest

Trump's tariff collections have reached $113 billion. How will this affect the cryptocurrency market?

user avatarGiorgi Kostiuk

Dogecoin Price Forecast: Possible Rise to $0.47

chest

Dogecoin has broken a downtrend, and the price may rise to $0.47. An overview of the current chart situation.

user avatarGiorgi Kostiuk

Cyprus SEC Issues Blacklist of Crypto Firms

chest

The Cyprus Securities and Exchange Commission has blacklisted 10 companies for unauthorized crypto and forex trading.

user avatarGiorgi Kostiuk

Bitcoin Dominance Drops and Altcoins Rise: Is Altseason Here?

chest

Discussion on Bitcoin's dominance drop and rising altcoins in the cryptocurrency market.

user avatarGiorgi Kostiuk

Inception Protocol Halts Operations Amid Liquidity Issues

chest

Inception Protocol shuts down after struggling with product-market fit. Market response remains minimal.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.