The Trump administration is reportedly taking a look at a postwar plan for Gaza that proposes utilizing tokenized land and digital tokens to relocate and rehouse residents underneath a possible US takeover.
The Washington Put up reported on Sunday {that a} 38-page prospectus for a post-war Gaza, referred to as the Gaza Reconstitution, Financial Acceleration and Transformation Belief (GREAT Belief), would see the US take over the Palestinian territory underneath a trusteeship for no less than 10 years.
It could displace two million Gazans in a “voluntary” program, whereas offering them a specialized token for his or her land that would later be redeemed for an condominium in one among as much as eight deliberate “sensible cities” or for relocation elsewhere. Their momentary housing and meals would even be backed for as much as 4 years underneath the plan.
The proposal has already attracted criticism, with Muslim civil rights group the Council on American-Islamic Relations saying the “takeover of Gaza and the mass theft of Palestinian land by a digital token scheme will not be solely morally abhorrent and unlawful underneath worldwide regulation — it might quantity to a battle crime of historic proportions.”
The Washington Put up reported that the newest proposal was created by the individuals who spun up the US and Israel-backed Gaza Humanitarian Basis, which is distributing meals in Gaza, with the doc’s monetary planning finished by a crew that labored for the Boston Consulting Group on the time.
The Put up reported that two folks aware of the planning stated main components of the plan had been created to implement US President Donald Trump’s plan for Gaza. Nonetheless, it’s unclear if the plan is what Trump envisioned or whether it is being thought-about.
Plan to place post-war Gaza on the blockchain
The prospectus pitches an “revolutionary funding mannequin” to make use of a land belief and “develop a blockchain registry for land and tokenization to boost liquidity.”
It could tokenize Gaza utilizing a blockchain “as document of possession,” with the land being break up into tokens to permit for “fractional possession.”
The tokens could be offered to traders and could possibly be used to fund “reconstruction and humanitarian efforts” and supplied on secondary markets for crypto customers to invest on, with “all token transactions [recorded] in [a] blockchain register.”
Gazan landowners could be given a token for handing over their land to be redeemed for money or an condominium within the strip. Every Palestinian who leaves the territory could be given $5,000, 4 years of lease subsidies and meals for a yr.
Returns on the scheme “could possibly be reinvested in a brand new devoted Palestinian Wealth Fund for the good thing about future Gazans,” the plan reads, although it says the plan could be extra worthwhile if it may enhance the variety of Gazans leaving the territory, claiming it’s $23,000 cheaper to relocate them.
AI-powered “sensible cities” to be constructed on war-torn strip
The reportedly circulating prospectus would see Gaza rebuilt with between six to eight “fashionable and AI-powered, sensible deliberate cities” the place all companies and their economies would run on “ID-based AI-powered digital programs.”
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It additionally plans 10 “mega-projects,” together with ports, a freeway, a railway, an AI datacentre, Dubai-style synthetic resort islands and a so-called “Elon Musk Good Manufacturing Zone.”
The blockchain-infused plan comes as US President Donald Trump and his household deepen ties to the crypto trade after Trump stated in February that the US ought to “take over” Gaza to make it the “Riviera of the Center East.”
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