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Wire · technology

AIF and Digital Asset Launch RISE Pilot on Canton

Published

24 August 2026

Topic

technology

Sectors

Fintech

Geography

United States

Source

Read at cryptonews.net

Verified

Fusion42 · 24 August 2026 · Fusion42 review

The American Idea Foundation (AIF) and Digital Asset have launched a pilot using the Canton blockchain network to distribute government benefits more efficiently through the RISE program in U.S. states. The pilot aims to simplify benefit payments, adjust amounts with income changes, and improve compliance and fraud prevention through digital infrastructure.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ The Wire takeaway

You can now target government benefits distribution as a tech opportunity since blockchain infrastructure is making state-level pilots viable. The usual complexity of payments and eligibility is becoming a programmable service you can build around.

Coverage

1 source · 24 Aug 2026

Related on Wire

Topics

Fintechblockchainbenefits-distributionfintechgovernmentdigital-identity