The Trump administration has unveiled a new plan to restructure USAID, focusing on reducing the agency, concentrating on health and security, and using blockchain technology for improved transparency and safety.
New Directions for USAID
Trump's restructuring plan focuses on key U.S. interests, such as promoting peace, stability, and economic benefit. The agency will focus on global threats, including pandemics, and set clear deadlines for aid programs.
Role of Blockchain Technology
According to the document, USAID will be renamed as the US International Humanitarian Assistance and use blockchain to improve procurement processes. This aims to enhance the security and transparency of aid distribution, though it is not clear if this will involve cryptocurrencies or other specific technologies.
Criticism and Doubts
Experts like Linda Raftree express doubts about the relevance of blockchain as a solution, which may be irrelevant to existing challenges. Giulio Coppi notes that blockchain may not provide significant advantages over conventional payment systems.
While blockchain use can offer advantages in improving control and accountability, critics argue the technology may not be effective in the flexible and dynamic work in disaster and conflict zones.
