Canton developer to pilot blockchain welfare benefits program with Paul Ryan-founded group

Digital Asset, the developer of blockchain network Canton (CC), is working with the American Idea Foundation, founded by former U.S. House Speaker Paul Ryan, on a blockchain pilot for public welfare benefits, Cointelegraph reported. Under the initiative, Digital Asset and the foundation plan to integrate and distribute state-administered welfare and aid benefits across three U.S. states. The RISE program, short for Resources for Independence, Stability, and Employment, is targeted for launch in the first quarter of next year, with a model under review that would bundle multiple types of benefits and pay them out once or twice a month. Details on the three participating states and the specific welfare programs were not disclosed. The pilot is awaiting federal government approval.