Trump to rename usaid, which includes encryption technology and Blockchain in its operations

According to an internal note, President Donald Trump It wants to rename the United States Development Agency (the US Development Agency) as an American humanitarian assistance (IHA). Besides, the president also intends to be under the control of the country’s foreign minister, Marco Rubio, as part of his current campaign to reorganize.

Regardless of the name change, the Potus also wants to have a greatly encoded and Blockchain currency in its operations.

Trump focuses on encryption, Blockchain Tech for IHA

Politico mentioned According to the memo that the Ministry of Foreign Affairs seen, the use of Blockchain technology will facilitate safe and traceable transactions for international humanitarian assistance that the United States of America will provide to its global allies.

The memo has not indicated the fine plans is that its management of Blockchain technology that you will use. The report speculates, however, specifying that it will include the use of cryptocurrencies and the transactions for transactions.

Usaid Rebrand: What is the role of Blockchain?

Under MUSK, the Ministry of Governmental efficiency (DOGE) put the US Agency for International Development at its intersection, and the agency has effectively placed its employees on an administrative leave, which also led to the demobilization of workers. The new focus on Blockchain technology is believed to encourage more transparency, tracking and efficiency within the agency.

It has been predicted that a Blockchain notebook may be used to help track the exchange of aid and donations, and it is not a common practice of humanitarian purposes.

President Trump and encrypted currencies

President Trump explained during his campaign that he would turn the United States as.Crypting capital“From the world, its focus will be on the Blockchain industry to present a new future for the country. Besides, he also claimed that he would give priority to Bitcoin and make it a global superpower.

Trump has made major separators, including pardon for Ross Olbrecht, SEC restructuring, and more. In addition, several weeks after the oath of oath, Potus also He signed the first encryption policy This aims to enhance a more stable market, and to set a working group to start future regulations, policies and more.

The integration of cryptocurrency in American life is one of the goals of this second chapter of President Trump, and the efforts made to make this possible, including cooperation with relevant companies as well as formulating regulations.