Blockchain-Based Safety Net Pilot Launches with Paul Ryan Foundation
Digital Asset and the American Idea Foundation are partnering to pilot a blockchain-based program for administering state benefits in the United States.
The initiative, called RISE, aims to modernize how eligibility rules and payment logic are applied when household circumstances change. The program will bundle multiple benefits into monthly or twice-monthly payments and apply spending constraints across specific categories.
The pilot is planned to launch in the first quarter of 2027 and remains subject to federal approval. Participating agencies will have visibility into payment status, balances, spending, and compliance information via Canton, but access to sensitive data will be limited.