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It is highly unlikely that the U.S. government will use a single blockchain across all departments and agencies

It is highly unlikely that the U.S. government will use a single blockchain across all departments and agencies

Bitget2025/01/25 20:06
LINK+0.16%

Zach Rynes, the community liaison officer for Chainlink, stated on platform X that it is highly unlikely that the U.S. government will use a single blockchain across all departments and agencies. Instead, the U.S. government will ultimately use a large number of private and public ledgers for various purposes such as improving expenditure transparency or automating manual processes. What can be certain is: - All these different public/private blockchain ledgers need to be able to communicate and share data between institutions through cross-chain interoperability standards; - Institutions need to seamlessly connect their existing backend systems and infrastructure to various public/private chains used by the government through an abstraction layer; - Institutions using blockchains to automate manual processes need access to external data resources in order to safely trigger smart contract functions using oracles; Only a unified platform can meet all these off-chain data requirements, cross-chain interoperability, and legacy system connection requirements.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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