Report: US Housing Department Considers Using Blockchain and Stablecoin for Grant Payments and Monitoring
The Department of Housing and Urban Development (HUD) is exploring the use of blockchain technology and stablecoin payments to track and monitor grants, as reported by ProPublica. This move aims to enhance transparency and efficiency in managing funds for housing programs. Blockchain technology, known for its secure and decentralized nature, can revolutionize the way grants [...]
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