Recently, the application of blockchain technology in data management and finance has made significant progress, marking the expansion of the encryption currency ecosystem into broader economic fields.



The U.S. Department of Commerce has made a groundbreaking decision, announcing that Gross Domestic Product (GDP) data will be published simultaneously on a public blockchain. This initiative not only reflects the government's recognition of blockchain technology but also paves the way for enhancing data transparency and market participation.

At the same time, the private sector is actively embracing blockchain technology. A publicly traded company in the United States, Caliber, announced that it will include Chainlink (LINK) in its digital asset strategic reserve. The company not only plans to generate income through staking LINK but has also established a dedicated cryptocurrency advisory committee to ensure the smooth implementation of this strategy.

On the protocol level, Pyth Network recently launched on the Base network, further promoting the assetization of data. Pyth is currently able to provide real-time price data for over 250 types of assets, including stocks, ETFs, foreign exchange, and encryption currencies. Multiple decentralized finance (DeFi) protocols have begun to adopt Pyth's data services, highlighting its importance in the industry.

These developments indicate that data on the blockchain is becoming a common focus for governments, enterprises, and blockchain protocols. Oracle protocols are expanding from the cryptocurrency space into traditional financial markets, becoming a transparent data layer that connects the two worlds.

With the increasing transparency of data and the acceleration of on-chain assetization, the cryptocurrency industry is expected to welcome more innovative opportunities and participants. This will not only bring richer application scenarios but may also promote further integration of cryptocurrencies with the mainstream economy, bringing new possibilities to the financial system.

In this rapidly changing environment, investors and entrepreneurs should closely monitor these trends, as they could reshape the future financial landscape. As blockchain technology continues to evolve, we can expect to see more exciting developments and breakthroughs.
LINK0.41%
PYTH-7.82%
DEFI-0.37%
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LiquidityWitchvip
· 08-30 10:13
Bull and horse chains continue to burn incense.
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MEV_Whisperervip
· 08-30 09:56
Which market can I make money by tossing coins?
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wrekt_but_learningvip
· 08-28 16:53
The bull is completely different from four years ago.
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AirdropworkerZhangvip
· 08-28 16:43
LINK is about to da moon, right! Buy buy buy!
View OriginalReply0
CryptoSourGrapevip
· 08-28 16:33
If I had bought tens of thousands of LINK earlier, I could have been lying back and winning now... Sigh
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