- Since late last October, the US Government has been looking to make use of blockchain-based capital tracking platforms to help monitor the situation in Palestine.
- As per an anonymous insider source, the Palestinian Monetary Authority is also looking to incorporate various blockchain solutions into its existing operational framework.
According to a report released by the NY Times recently, the current United States government is looking to partner with Israeli crypto startup ‘Orbs’ in order to develop a blockchain solution that will help allay some of the political tensions that have engulfed the region for the past 70 years or so.
For those of our readers who may not be aware, the White House recently organized a meeting in Bahrain to once again look at the ongoing Israeli–Palestinian conflict. In this regard, Treasury Secretary Steven Munchin was quoted as saying that the government was looking to invest a whopping sum of $50 billion to bolster its “Peace to Prosperity” plan that is designed to bring both sides together.
On the issue, Orbs cofounder Netta Korin recently spoke with a trusted media outlet wherein she told the firm that her team was working directly with the Trump Administration (as well as the State Department) on a number of different projects ‘that are currently in stealth mode.’
More On The Matter
Korin — who is also the co-founder of a nonprofit foundation called Hexa — was also asked to talk about the social impact of blockchain and how the technology could be harnessed in a way that could help tackle many of today’s grassroot problems in an efficient and transparent matter.
“Where the default used to be donations, the future will now be based on investments. The solutions that are being sought after will be innovative and game-changing.”
As things stand, Korin is one of the few Israeli nationals to be joining President Trump’s direct advisor ‘Jared Kushner’ at the aforementioned Bahrain summit.
A number of prominent finance experts and economists (such as Kevin Hassett) have proposed the use of blockchain technology to alleviate the land title disputes that are currently affecting many people residing in the Israel-Palestine region.
According to a number of insider sources, US officials have been discussing plans to implement a blockchain-driven capital tracking system to help alleviate some of the issues being faced by many Palestinian families.
Korin has previously served as an advisor for General Yoav Mordechai. Not only that, but she is also the wife of Nadav Shemesh — the former right-hand man of General Shai Babad (who worked for the Israeli Finance Ministry).