Elon Musk is in talks with the U.S. Department of Efficiency to explore the use of blockchain technology to enhance government efficiency. This is the latest initiative from the Trump administration to support the digital asset industry. The DOGE project led by Musk is considering the use of digital ledgers to reduce government costs, including tracking federal expenditures, securing data, facilitating payments, and managing construction projects.

Elon Musk has initiated conversations about using blockchain technology at the new Department of Government Efficiency, according to people with knowledge of the discussions. It’s the latest sign of the Trump administration’s efforts to bolster the digital asset industry.Musk, who heads the DOGE effort, has mused to close allies about the idea of using a digital ledger as a way to squeeze costs out of the government, said one of the people, who asked for anonymity because the discussions haven’t been made public. There’s been talk of using a blockchain to track federal spending, secure data, make payments and even manage buildings, the people said.

Elon Musk Discusses the Use of Blockchain Technology in U.S. Government Efficiency