Digital Asset and the American Idea Foundation launched the RISE initiative on Canton to manage state benefits across three US states in 2027.
- Digital Asset and the American Idea Foundation have launched the RISE pilot program on Canton Network to modernize the distribution of US state benefits.
- The initiative aims to unify public resource allocation through programmable smart contracts, offering configurable privacy for real-time auditing and compliance.
- The pilot is slated for rollout in three US states in Q1 2027, pending federal regulatory approval, and seeks to improve financial stability for beneficiaries.
Topics: Jurisdictions, Infrastructure providers, Scalability, Regulatory sandboxes pilots, Tokenization platforms, Institutional capital inflows
Tags: #cantonnetwork #digitalasset #paulryan #statebenefits #riseinitiative #distributedledgertechnology #smartcontracts #publicservices #pilotprogram #regulatoryapproval
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