Elon Musk is reportedly contemplating Motion Blockchain as a possible platform for his DOGE initiative, which goals to leverage blockchain know-how for enhanced transparency and value discount in authorities operations.
A Bloomberg report launched on Sunday revealed that Musk has mentioned utilizing blockchain to trace federal spending, safe knowledge, streamline funds, and handle government-owned infrastructure.
A submit on X launched earlier as we speak by db, tier10k, highlighted that Motion Blockchain is among the many corporations presently in discussions with Musk’s DOGE crew to discover blockchain options.
Motion Blockchain is a Layer 2 answer on Ethereum, using zero-knowledge (ZK) rollup know-how to reinforce scalability and safety.
Sources aware of the matter confirmed that DOGE representatives are evaluating Motion alongside different public blockchains for his or her technological capabilities and potential to drive effectivity.
The DOGE initiative views blockchain as a strategy to cut back fraud, waste, and abuse in authorities packages, aligning with Trump’s marketing campaign give attention to slicing the deficit.
Earlier as we speak, Trump’s World Liberty Monetary (WLFI) acquired Motion Blockchain’s native token, MOVE, for its decentralized finance mission.
The token surged 15% in worth after WLFI’s buy and the db report linking Motion Blockchain to Musk’s DOGE crew.
