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Trump Administration Plans Blockchain Integration in USAID Restructuring
The Trump administration plans to restructure the U.S. Agency for International Development (USAID) by integrating blockchain technology into its procurement system.
- The agency may be rebranded as U.S. International Humanitarian Assistance and moved under the Secretary of State's authority.
- Blockchain will trace aid distributions and implement payment models based on outcomes.
- All transactions would be secured and traced via blockchain to enhance security, transparency, and efficiency.
- It remains unclear if cryptocurrency or stablecoins will be involved, or if it will serve solely as a digital ledger.
- USAID has faced scrutiny from the administration since the establishment of the Department of Government Efficiency (DOGE), which has suggested using blockchain for improving efficiency.
- Payments to USAID were frozen in a January 20 executive order.
