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 price discount in authorities operations.
A Bloomberg report launched on Sunday revealed that Musk has mentioned utilizing blockchain to trace federal spending, safe information, streamline funds, and handle government-owned infrastructure.
A submit on X launched earlier at the moment by db, tier10k, highlighted that Motion Blockchain is among the many corporations at the moment in discussions with Musk’s DOGE group to discover blockchain options.
Motion Blockchain is a Layer 2 answer on Ethereum, using zero-knowledge (ZK) rollup know-how to boost scalability and safety.
Sources conversant in 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 option to scale back fraud, waste, and abuse in authorities applications, aligning with Trump’s marketing campaign deal with chopping the deficit.
Earlier at the moment, 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 group.
