Trump Administration Plans to Restructure USAID, Integrate with State Department and Introduce Blockchain
Suehyeon Lee
Summary
- The Trump administration plans to introduce blockchain technology to enhance the security and transparency of USAID's fund distribution.
- It was announced that they are pursuing a plan to integrate USAID into the State Department and rename it to the 'International Humanitarian Assistance'.
- It was explained that with the introduction of blockchain technology, the agency's fund management is expected to be handled more reliably.
The Donald Trump administration is reportedly planning to restructure the United States Agency for International Development (USAID) and introduce blockchain technology.
According to Wired on the 21st (local time), the Trump administration is pursuing a plan to rename USAID to the 'International Humanitarian Assistance (IHA)' and integrate it into the State Department.
Additionally, there are plans to introduce blockchain technology into the procurement process to enhance the security and transparency of the agency's fund distribution.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
