Trump Administration Proposes Blockchain for USAID Overhaul
- The proposal suggests renaming USAID to the U.S. Agency for International Humanitarian Assistance.
- Blockchain technology is proposed to enhance security, transparency, and traceability in aid distribution.
- The plan places the agency under the direct authority of the Secretary of State.
- A federal judge issued a preliminary injunction against dismantling USAID amid legal challenges.
- The proposal focuses on measurable outcomes through third-party metrics, not self-reporting.
The Trump administration’s proposal aims to reform U.S. foreign aid by integrating blockchain technology for improved accountability and efficiency, while placing USAID under the Secretary of State’s control.
Source (2.6)https://decrypt.co/311043/trump-aides-reform-usaid-blockchain-transparency?rand=52368