USAID May Use Cryptocurrency to Improve Traceability!
What if blockchain technology evolved into the next security measure for aid? Washington is troubled by a recurring rumor that Trump aides could change USAID, the cornerstone of international aid. Their concept? Give the agency’s bureaucratic veins a dose of crypto. Redefining transparency, eliminating leaks, and tracking every dollar are the declared objectives. A daring change that blends political astuteness with technological ingenuity.
A change in structure under the guise of cryptocurrency
There may soon be a new name and plan for the United States Agency for International Development (USAID): the United States Agency for International Humanitarian Assistance.
This institutional change would be supported with an unprecedented tool: blockchain, and it would be directly overseen by the Secretary of State. In fact, according to a leaked internal document, the technology would be used to “secure and trace the distributions” of aid, making every transaction irrevocable, far from Trump’s speech at the DAS.
Imagine a tamper-proof digital ledger where every money transfer is tracked in real time. No more ambiguous middlemen, no more grey regions.
Blockchain will validate every step from Washington to the ultimate beneficiary, serving as a virtual notary.
a revolution for programs that are frequently weakened by inefficiency or corruption. However, this goal is confronted with a complicated reality: USAID ceased its payments in January, which resulted in lawsuits and legal disarray.
Crypto emerges as both a solution and a symbol in this context. At the same time, Elon Musk’s Government Efficiency Department (DOGE) is working to reorganise the organisation.
Ironically, this combination between political pragmatism and techno-utopianism is embodied by the DOGE, an unexpected partner. Whether the union of crypto and bureaucracy will endure the reality on the ground is still up in the air.
Is it a technological illusion or transparency?
The Trump administration is betting on a disruptive effect, and by integrating crypto, it seeks to restore the image of an agency criticised for its cumbersome nature. However, this modernisation hides a desire for increased control. By placing USAID under the aegis of the Department of State, Washington would centralise aid management, blending diplomacy and assistance.
There is a risk of politicisation. Can crypto clean up humanitarian aid? Its proponents contend that the immutability of records would deter misappropriation, but its critics point out a paradox: how to reconcile the anonymity of beneficiaries with absolute transparency?
Lastly, there is still the technological question. This system could omit the most vulnerable areas, which frequently lack internet infrastructure. It would become necessary to secure cryptocurrency wallets, train local actors, or even have internet connection. An enormous challenge that requires more funding. Michael Saylor cautions that the euro is dead without Bitcoin, and that without support, blockchain runs the risk of exacerbating the inequality it purports to address. Michael Saylor cautions that the euro is dead without bitcoin, and that without support, blockchain runs the risk of exacerbating the inequality it purports to address.
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