Hilary J. Allen, a law professor at American University, has expressed concerns about integrating crypto technology into US government systems, stating that it poses real security threats.
Warning from Finance Professor
Allen stated to state senators this week that integrating crypto technology could leave Americans vulnerable to cyber attacks. She noted that if the Trump administration provides the go-ahead for using such technology for federal payments, it could increase operational risks.
Opposition to Blockchain Payment Systems
Allen explained to the senators that using blockchain for government payments would make these transactions visible to malicious actors. She emphasized that the administration's plans to shift to a blockchain-based infrastructure for federal payments could expose citizens to risks.
Concerns About DOGE Activities
According to recent reports, a judge ruled the dismantling of the United States Agency for International Development as potentially unconstitutional. The administration proposed using blockchain in other agencies. The finance professor warns this could lead to economic disruptions.
Hilary J. Allen cautions that introducing cryptocurrency technologies into US government structures may cause significant security issues. She expressed concern about the lack of knowledge among young staff working with outdated systems, stressing the need for careful consideration of new technological initiatives.
