According to a last-minute development, the United States Agency for International Development (USAID), which Elon Musk has been targeting for a while, plans to use blockchain to track the distribution of its funds.
USAID is responsible for distributing funds that the US allocates to development projects in other countries, and Musk and many Republicans believed that these funds were being used for purposes other than intended. With this latest development, blockchain technology will make it more transparent how these funds are used.
*This is not investment advice.
