Musk has been discussing the potential use of blockchain, a decentralized digital ledger, with his close associates. This technology could be applied in various areas, including monitoring federal expenditures, safeguarding sensitive information, processing payments, and overseeing government-owned properties. Representatives from DOGE have met with several public blockchain developers to assess the feasibility of this technology for governmental applications. The Trump administration has shown a strong interest in digital assets, which is reflected in the name DOGE, drawing inspiration from the cryptocurrency Dogecoin. On January 20, Trump signed an executive order establishing a working group focused on digital assets. This order formally created DOGE with the aim of revamping federal technology systems and pinpointing cost-saving opportunities. The group is anticipated to present its recommendations by July 4, 2026. Reportedly, Musk has assembled a team of about 100 volunteers to assist in coding and project development for DOGE. However, some experts have expressed doubts regarding the practicality of blockchain for government applications. Sam Hammond from the Foundation for American Innovation noted that while an internal government blockchain could securely and transparently track expenditures and contracts, traditional databases could achieve similar outcomes with fewer drawbacks. Public blockchains, like those used by Bitcoin and Solana, also pose governance challenges. Campbell Harvey, a finance professor at Duke University, cautioned that governments could forfeit control over entries on public ledgers, complicating the management of sensitive data. Despite these challenges, the number of blockchain implementations in both public and private sectors is on the rise. For instance, California's DMV has digitized car titles using Avalanche blockchain, and investment company BlackRock has initiated a money market fund on cryptocurrency platforms. The Trump administration's backing of blockchain technology aligns with its broader push for innovation. The government has already explored the possibility of issuing tokens on the Solana blockchain for Trump and Melania memecoins, but it remains uncertain which blockchain DOGE would utilize for its operations. If implemented, Musk's initiative would mark the most ambitious government blockchain endeavor in the US to date. Nevertheless, experts caution that large-scale blockchain applications are still unproven in terms of their efficiency and cost-effectiveness.