Canton Network will support a three-state US pilot combining public benefits into programmable payments from early 2027, pending federal approval.
- Canton Network has been selected to power a three-state US pilot program, 'RISE', aimed at consolidating public benefits into programmable payments starting early 2027, pending federal approval.
- The pilot will leverage Canton Network's capabilities to enforce spending rules, manage recipient data privacy, and recalculate assistance based on household income changes, addressing penalties for recipients entering the workforce.
- This initiative, supported by Digital Asset and the American Idea Foundation, seeks to modernize the social safety net by improving efficiency, accountability, and recipient support through blockchain technology.
Topics: Jurisdictions, Infrastructure providers, Integration with defi, Regulatory sandboxes pilots, Tokenization platforms, On chain treasury management
Tags: #cantonnetwork #usbenefitspilot #programmablepayments #riseprogram #digitalasset #americanideafoundation #paulryan #governmentbenefits #spendingrules #dataprivacy
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