Trump admin plans to use blockchain in foreign aid operations

The Trump administration is pushing for major reforms at USAID, advocating for blockchain technology to improve security and transparency in aid distribution. While experts suggest current systems can meet these needs, funding cuts and policy changes have prompted this initiative overseen by Elon Musk. He aims to combat corruption and enhance efficiency, despite concerns from digital anthropologist Margie Cheesman regarding the complexities of blockchain for aid workers. Musk’s vision includes launching the largest government blockchain initiative in U.S. history, promising to bolster transparency and reduce costs in federal operations.

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