ChainCatcher news, according to Bloomberg, Musk is leading the newly established Department of Government Efficiency (DOGE) in the United States, exploring the use of blockchain technology to enhance government efficiency. Sources say that Musk's team is researching applications such as tracking federal spending, protecting data, processing payments, and managing assets through blockchain technology, and has met with representatives from several public blockchain projects to assess the technological potential.The department was established by the Trump administration and plans to complete reform proposals by July 4, 2026. Musk stated that blockchain could become a core tool for reducing waste and preventing fraud. However, experts point out that the decentralized nature of public blockchains may limit government control over data, and the advantages over traditional databases in terms of cost and efficiency are still debated.

ChainCatcher news, according to The Washington Post, a lawsuit against the "Department of Government Efficiency" led by billionaire Elon Musk for violating federal transparency regulations is expected to be filed just minutes after U.S. presidential candidate Donald Trump's inauguration, marking the beginning of a legal battle over key aspects of the incoming U.S. government's agenda.In a 30-page complaint obtained prior to submission, the Public Interest Law Firm's National Security Advisor claims that the non-governmental DOGE group violated a 1972 law that requires advisory committees providing advice to the executive branch to adhere to certain regulations regarding disclosure, employment, and other practices.

ChainCatcher message, the U.S. government's Efficiency Department (DOGE) posted on X stating: "The federal government spends 80% of its $100 billion IT budget each year on maintaining outdated systems. Old systems not only have higher maintenance costs but are also more vulnerable to hacking."

ChainCatcher news, Gemini co-founder Cameron Winklevoss believes that the initiatives of the Department of Government Efficiency (DOGE) are crucial in combating inflation, the "silent tax."It is reported that DOGE proposed to eliminate government waste and combat inflation in the United States. Last month, the inflation rate in the U.S. rose by 2.6% year-on-year, slightly higher than in September.Winklevoss emphasized the importance of addressing rising prices, stating that it imposes a disproportionate burden on low-income Americans, and he believes that these measures by DOGE are essential for achieving economic fairness and sustainability.