• Latest
  • Trending
  • All
  • Market Updates
  • Cryptocurrency
  • Blockchain
  • Investing
  • Commodities
  • Personal Finance
  • Technology
  • Business
  • Real Estate
  • Finance
Trump Administration Push for Blockchain-Powered USAID Overhaul—Here’s What Could Change

Trump Administration Push for Blockchain-Powered USAID Overhaul—Here’s What Could Change

March 23, 2025
US Steel workers see hope of job security in deal with Japan’s Nippon

US Steel workers see hope of job security in deal with Japan’s Nippon

June 1, 2025
Trump: Tariffs are important. He is happy with appeals court decision

Trump: Tariffs are important. He is happy with appeals court decision

June 1, 2025
Bitcoin Maxi Isn’t Buying Hype Around New Crypto Holding Firms

Bitcoin Maxi Isn’t Buying Hype Around New Crypto Holding Firms

June 1, 2025
If stablecoins are banks, what’s a bank?

If stablecoins are banks, what’s a bank?

June 1, 2025
Vail Resorts, GameStop and more

Vail Resorts, GameStop and more

June 1, 2025
How private equity kills companies and communities

How private equity kills companies and communities

June 1, 2025
Trading Ideas For Profit – Stocks, Forex, Crypto & Indices – Trading Strategies – 1 June 2025

Trading Ideas For Profit – Stocks, Forex, Crypto & Indices – Trading Strategies – 1 June 2025

June 1, 2025
Influential economist Stanley Fischer dies

Influential economist Stanley Fischer dies

June 1, 2025
Brokerage Firm OneRoyal Opens Oman Office in MENA Growth Push

Brokerage Firm OneRoyal Opens Oman Office in MENA Growth Push

June 1, 2025
Major crypto hacks fell 40% in May, says PeckShield

Major crypto hacks fell 40% in May, says PeckShield

June 1, 2025
Trump and Putin want to talk business once the Ukraine war ends. Here’s why it won’t be easy

Trump and Putin want to talk business once the Ukraine war ends. Here’s why it won’t be easy

June 1, 2025
What you won’t want to miss at the 20th Disrupt in October

What you won’t want to miss at the 20th Disrupt in October

June 1, 2025
Sunday, June 1, 2025
No Result
View All Result
InvestorNewsToday.com
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech
InvestorNewsToday.com
No Result
View All Result
Home Blockchain

Trump Administration Push for Blockchain-Powered USAID Overhaul—Here’s What Could Change

by Investor News Today
March 23, 2025
in Blockchain
0
Trump Administration Push for Blockchain-Powered USAID Overhaul—Here’s What Could Change
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Trusted Editorial content material, reviewed by main trade specialists and seasoned editors. Advert Disclosure

A newly surfaced proposal regarding blockchain is now circulating inside the US State Division hinting at a possible shift in how the USA Company for Worldwide Improvement (USAID) operates.

Below a set of suggestions backed by Trump administration officers and linked to the Elon Musk-led DOGE authorities effectivity unit, the company might start using blockchain know-how to reinforce transparency and safety in overseas support disbursement.

Adopting Blockchain in International Assist Reform

In response to a draft doc obtained by Politico, blockchain integration is being thought of as a part of a broader effort to modernize and restructure USAID’s procurement processes.

The proposal outlines that every one support distributions may very well be tracked utilizing blockchain to “guarantee accountability,” “scale back inefficiencies,” and permit implementing companions “larger flexibility.”

Though the proposal doesn’t make clear whether or not a public, non-public, or hybrid blockchain system can be used, it emphasizes the advantages of “safe and traceable” fund flows for worldwide support applications.

In the meantime, USAID, the US company answerable for administering overseas improvement help, has confronted criticism in recent times over perceived inefficiencies and spending priorities.

The proposal aligns with ongoing efforts from the Trump camp to realign overseas support applications with nationwide strategic pursuits. It describes present support constructions as too “expansive and disorganized,” urging a shift towards targeted initiatives tied to measurable outcomes in areas crucial to US pursuits. The doc wrote:

A greater strategy can be to foster peace and stability in areas crucial to U.S. pursuits, catalyze financial alternatives that help American companies and shoppers, and mitigate world threats resembling pandemic illnesses.

Potential Restructuring and Strategic Realignment

Alongside blockchain adoption, the doc proposes renaming USAID to the “U.S. Company for Worldwide Humanitarian Help (IHA)” and shifting the company underneath the direct management of the State Division.

Areas of focus would come with world well being, meals safety, and catastrophe response, with an emphasis on lowering politically oriented applications and streamlining operations.

The suggestions observe previous efforts by the Trump administration to restrict USAID funding and employees, strikes that had been met with authorized pushback and public criticism.

Whereas the doc displays a severe coverage proposal, it doesn’t but characterize formal authorities motion. The proposal acknowledges that some features would require congressional approval and legislative adjustments.

Additionally it is unclear whether or not Secretary of State Marco Rubio or different senior officers inside the present administration have reviewed or authorized the suggestions.

Nonetheless, the introduction of blockchain as a transparency mechanism indicators a rising curiosity in making use of rising applied sciences to authorities operations—an space of focus which will proceed no matter future political management.

The global crypto market cap value on the TradingView amid US potential blockchain powered USAID
The worldwide digital foreign money market cap worth on the 1-day chart. Supply: TradingView.com

Featured picture created with DALL-E, Chart from TradingView

Editorial Course of for bitcoinist is centered on delivering totally researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluate by our workforce of high know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.



Source link

Tags: administrationBlockchainPoweredChangeOverhaulHeresPushTrumpUSAID
Share196Tweet123
Previous Post

Is KKR’s bad bet on cycling the start of Europe’s private equity reckoning?

Next Post

How to Use Apple’s Image Playground to Generate AI Art

Investor News Today

Investor News Today

Next Post
How to Use Apple’s Image Playground to Generate AI Art

How to Use Apple’s Image Playground to Generate AI Art

  • Trending
  • Comments
  • Latest
Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

February 5, 2025
Best High-Yield Savings Accounts & Rates for January 2025

Best High-Yield Savings Accounts & Rates for January 2025

January 3, 2025
Suleiman Levels limited V 3.00 Update and Offer – Analytics & Forecasts – 5 January 2025

Suleiman Levels limited V 3.00 Update and Offer – Analytics & Forecasts – 5 January 2025

January 5, 2025
10 Best Ways To Get Free $10 in PayPal Money Instantly

10 Best Ways To Get Free $10 in PayPal Money Instantly

December 8, 2024
Why America’s economy is soaring ahead of its rivals

Why America’s economy is soaring ahead of its rivals

0
Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

0
Nato chief Mark Rutte’s warning to Trump

Nato chief Mark Rutte’s warning to Trump

0
Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

0
US Steel workers see hope of job security in deal with Japan’s Nippon

US Steel workers see hope of job security in deal with Japan’s Nippon

June 1, 2025
Trump: Tariffs are important. He is happy with appeals court decision

Trump: Tariffs are important. He is happy with appeals court decision

June 1, 2025
Bitcoin Maxi Isn’t Buying Hype Around New Crypto Holding Firms

Bitcoin Maxi Isn’t Buying Hype Around New Crypto Holding Firms

June 1, 2025
If stablecoins are banks, what’s a bank?

If stablecoins are banks, what’s a bank?

June 1, 2025

Live Prices

© 2024 Investor News Today

No Result
View All Result
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech

© 2024 Investor News Today