**Key Takeaways** Elon Musk is investigating blockchain technology to improve government efficiency as part of the D. O. G. E initiative. This initiative has the potential to become the largest government blockchain project in U. S. history. **Share this article** According to a Bloomberg report on Saturday, Elon Musk is exploring blockchain technology at the Department of Government Efficiency (D. O. G. E), as confirmed by sources close to the situation. Following Vivek Ramaswamy’s exit, Musk has taken sole leadership of the initiative and has discussed with trusted associates the possibility of leveraging blockchain's distributed ledger technology to enhance government efficiency and cut costs. Among the potential applications being considered are more effective tracking of federal spending, bolstering data security, optimizing payment systems, and improving the management of government facilities. Sources reveal that D. O. G. E representatives have assessed the technical benefits of various public blockchain platforms for these applications and have engaged in discussions on how to integrate blockchain into different governmental processes. D. O. G. E was established by President Trump through an executive order on Monday, which transitioned the US Digital Service (USDS) into the US DOGE Service. Under Musk’s leadership, the department aims to modernize federal technology and improve government efficiency. The department's mandate includes identifying and addressing inefficiencies in federal spending. Musk will conduct a thorough financial and performance audit of federal operations in collaboration with the White House and the Office of Management and Budget. On Tuesday, following its launch, D. O. G. E’s official website briefly displayed the Dogecoin logo before it was removed by the time of reporting. Prior to Trump’s inauguration, Musk enlisted around 100 volunteer programmers to develop code for his initiatives, according to sources.

The blockchain initiative is one of several technological solutions Musk's team may utilize to curb costs and address issues of wasteful spending, fraud, and abuse. If executed, D. O. G. E's blockchain initiative is poised to be the largest government blockchain project in U. S. history. This latest development marks a significant stride in the Trump administration's efforts to embrace digital assets. On Thursday, the President signed an executive order to establish the Presidential Working Group on Digital Asset Markets. This group, chaired by David Sacks, the White House AI & Crypto Czar, is charged with creating federal regulations for digital assets and evaluating the establishment of a national strategic digital assets stockpile. The executive order also prohibits federal agencies from creating central bank digital currencies.