Trump administration’s blockchain plan for USAID is a real head-scratcher

Trump administration’s blockchain plan for USAID is a real head-scratcher

According to a memo circulating among State Department staff and reviewed by WIRED, the Trump administration plans to rename the United States Agency for International Development (USAID) as US International Humanitarian Assistance (IHA), and to bring it directly under the secretary of state. The document, on which Politico first reported, states that as part of its reorganization, the agency will “leverage blockchain technology” as part of its …

Trump Administration Eyes Blockchain for Foreign Aid in USAID Overhaul: Report

The Trump administration is preparing to restructure the U.S. Agency for International Development (USAID) and integrate blockchain technology into its procurement system, Wired reported, citing a memo circulating among State Department staff.The plan proposes rebranding the agency as U.S. International Humanitarian Assistance and moving it directly under the authority of the Secretary of State, Wired said. It would leverage a blockchain to trac…

The Trump Administration Wants USAID on the Blockchain

“It feels like a fake technological solution for a problem that doesn’t exist,” says one expert.

While Elon Musk wanted to dismantle the United States Agency for International Development (USAID), the Trump administration is now thinking of using the blockchain to reform it. The announced goal: to make an effort of transparency and modernization. An initiative that is already raising questions about the future of USAID and the involvement of key players, including the Department of Government Efficiency (D.O.G.E.) supported by Elon Musk. Th…

What if the blockchain becomes the new guardian of humanitarian aid? A persistent rumor is agitating Washington: the USAID, a pillar of international assistance, could transform itself under the impulse of Trump's advisers. Their idea? Injecting a dose of crypto into the bureaucratic veins of the agency. Displayed aim: to track every dollar, eradicate leaks, and redefine transparency. A bold turn, which combines technological innovation and poli…

Trump Administration Proposes Blockchain for USAID Procurement Transparency – #CryptoUpdatesGNIT

The Trump administration is proposing a major overhaul of the U.S. Agency for International Development (USAID), including the use of blockchain technology to enhance transparency in its procurement processes, according to a document allegedly circulating within the State Department. Trump Officials Push Blockchain to Modernize USAID Procurement Process The proposal, outlined in a leaked blueprint […] Source link The post Trump Administration Pr…