The United States Agency for International Development may adopt blockchain technology to track the flow of funds and enhance funding transparency.

On March 21, The Block reported that the U.S. Agency for International Development (USAID) may adopt blockchain technology to track the flow of funds as part of a more transparent procurement process. The proposal, put forward by Trump administration officials, aims to overhaul and rebrand the institution. According to a document obtained by Politico and purportedly circulating at the U.S. State Department, the proposal mentions in the section on creating a "modern, performance-based procurement" process that "all fund allocations will be securely stored and tracked through blockchain technology to significantly improve security, transparency, and traceability." However, it's unclear exactly how the system will work, or what type of blockchain technology will be used – whether public, private, or hybrid.