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About BLU

What is BLU all about? A fully decentralized and highly transparent currency, created by the community, for the community using a technology designed by Binance. The vision for BLU is to evolve into one of the world's leading global networks, offering universal access to the global economy no matter your country or background.The Mission of BLU Together, we’re pushing for change, finding opportunities, and building networks that will shape decentralization.My Personal Journey: Oh, and speaking of fun, you know how I’m inspired by BLU from the Rio movie, right? Well, just like that lovable macaw, I bring a sense of adventure, love, and determination to everything I do! Blu showed us that even when faced with challenges, we can overcome them and find happiness. That’s the kind of positive energy I want to bring to the $BLU community! So come on, let’s spread our wings and fly high with $BLU!

BLU (BLU) is a cryptocurrency launched in 2023. BLU has a current supply of 999.00Bn with 0 in circulation. The last known price of BLU is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://getblu.com.

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BLU Price Statistics
BLU’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#9401
BLU Market Cap
Market Cap
$0
Fully Diluted Market Cap
$26,656.36
BLU Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
BLU Supply
Circulating Supply
0
Total Supply
999.00Bn
Max Supply
0
Updated Sep 05, 2024 9:30 am
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BLU
BLU
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Analyst: U.S. Government Could Save $10 Billion by Implementing Blockchain in Spending Audits
Analyst: U.S. Government Could Save $10 Billion by Implementing Blockchain in Spending Audits
A new analysis suggests that the US government could cut more than $10 billion in audit costs over the next ten years by transitioning its $6.9 trillion annual spending onto a blockchain-based system.What are the projected benefits and challenges of moving US government spending to blockchain?According to a recent publication by The Kobeissi Letter on X, notable figures like Elon Musk and the CEO of Coinbase have advocated for the complete transition of US government expenditures to a decentralized ledger. This shift could not only secure spending but also drastically enhance transparency.The blockchain system would allow authorized browsing only, with the capability to instantly flag fraudulent activities. It is touted as nearly unhackable if managed correctly, and its public accessibility could further boost governmental transparency.Current US spending databases operate in an "append-only" format, which complicates specific data searches and obscures transparency. For instance, the Department of Government Efficiency (DOGE) recently uncovered 62 contracts tagged as "administrative expenses" totalling $182 million, which includes seemingly frivolous expenditures like a $168,000 contract for an Anthony Fauci exhibition.The Pentagon's recent audits reveal a shocking lack of accountability, failing to account for 63% of its $3.8 trillion in assets. In contrast, blockchain's inherent features, such as transaction traceability and audit automation, could revolutionize this process. Financial institutions are already adopting blockchain due to its efficacy, with 56% of cross-border businesses integrating the technology into their operations by 2024.Blockchain could also target and eliminate cases of "ghost beneficiaries," ensuring that only eligible recipients claim government aid, potentially saving billions more. In 2022, improper social security payments alone amounted to $13.6 billion.While the integration of blockchain into government spending offers substantial financial and operational benefits, it faces significant legal and bureaucratic hurdles. Resistance is likely to emerge from sectors that benefit from the current inefficiencies. Nonetheless, the potential savings and increased efficiency make a compelling case for considering this technological shift in managing government finances.
Feb 10, 2025 7:35 pm
Planet Evening News
Planet Evening News
1. The Japanese Financial Services Agency plans to treat crypto assets as financial products similar to securities, and implement tax cuts and approve ETFs; 2. Arweave computing platform AO: The first batch of services using AO payment will be launched this week; 3. The Financial Supervisory Service of South Korea plans to establish a self-regulatory mechanism for the crypto industry this year; 4. Matrixport: The market generally believes that the Ethereum upgrade in March is unlikely to drive a big market; 5. Analysis: Ethereum short positions increased by 40% in a week, and increased by 500% since November last year; 6. Founder of IBC Group: The adoption of cryptocurrencies is 43% faster than mobile phones and 20% faster than the Internet; 7. Report: It is expected that the crypto field will usher in a wave of mergers this year, and VCs are particularly concerned about stablecoins and AI; 8. Kaito founder: A shadow ban mechanism will be introduced as a punishment mechanism for low-quality content; 9. Slow Mist Yuxian: The Central African presidential token CAR has a high risk, beware of the problem of virus on the official website; 10. Former South Korean lawmaker Kim Nam-guk, who was suspected of concealing crypto holdings, was acquitted in the first instance; 11. Electric Capital partner: The future will be an era of small, efficient teams, and AI-first companies will dominate the market; 12. KyberSwap will stop Polygon zkEVM on-chain transactions starting this week; 13. Analysis: If the US government puts its spending on-chain, it can save more than $10 billion in audit costs in ten years.
Feb 10, 2025 7:30 pm

Frequently Asked Questions

  • What is the all-time high price of BLU (BLU)?

    The all-time high of BLU was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of BLU (BLU) is 0. The current price of BLU is down 0% from its all-time high.

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  • How much BLU (BLU) is there in circulation?

    As of , there is currently 0 BLU in circulation. BLU has a maximum supply of 0.

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  • What is the market cap of BLU (BLU)?

    The current market cap of BLU is 0. It is calculated by multiplying the current supply of BLU by its real-time market price of 0.

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  • What is the all-time low price of BLU (BLU)?

    The all-time low of BLU was 0 , from which the coin is now up 0%. The all-time low price of BLU (BLU) is 0. The current price of BLU is up 0% from its all-time low.

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  • Is BLU (BLU) a good investment?

    BLU (BLU) has a market capitalization of $0 and is ranked #9401 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze BLU (BLU) price trends and patterns to find the best time to purchase BLU.

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