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Digital Asset and Paul Ryan Foundation Launch Pilot for US State Benefits on Canton Network
The RISE program aims to leverage blockchain technology to streamline and distribute state-administered benefits across three US states starting in 2027, utilizing the Canton Network.
AS1 NewsSource: cointelegraph.com
The RISE program, supported by the Paul Ryan Foundation and involving digital assets, plans to implement a pilot project on the Canton Network to enhance the distribution of state-administered benefits. This initiative is set to begin in three US states in 2027, aiming to improve efficiency and transparency in benefit management through blockchain technology. The project highlights ongoing efforts to integrate digital assets into public benefit systems, potentially setting a precedent for wider adoption of blockchain solutions in government services.
The pilot could demonstrate the viability of blockchain-based benefit distribution, potentially influencing future government and public sector blockchain initiatives.