Callme Crypto 
Elon Musk might leverage blockchain technology to reduce the United States’ budget expenditures
Elon Musk, head of the Department of Government Efficiency (DOGE), is exploring the potential of blockchain technology to modernize federal financial processes, Bloomberg reports. This technology could be used for expense tracking, data security, and resource management.
According to media sources, DOGE representatives are also investigating the possibility of integrating blockchain into the government payment system. As part of this initiative, DOGE officials have met with representatives from Web3 companies to study their technologies and approaches.
Musk’s push for blockchain in governance aligns with his long-term goal of reducing federal budget expenditures by trillions of dollars annually. The entrepreneur believes that the transparency provided by blockchain could enhance oversight and control over spending.
Analysts note that similar proposals have been raised in the past. In 2024, Robert F. Kennedy Jr. suggested moving the entire federal budget onto blockchain, enabling every American to see how funds are spent. He argued that such an approach would increase accountability and eliminate inefficiencies.
The Department of Government Efficiency began operations in January 2025. Following the launch of its official website, the price of Dogecoin—a symbolic meme coin and the department’s logo—rose by 11%.
DOGE co-founder Vivek Ramaswamy, who was initially set to collaborate with Musk on the project, exited during its early stages. However, he expressed confidence in the department’s eventual success.
We previously covered the creation of the new Department and other crypto-related promises from Trump here
