Digital Asset and Paul Ryan Foundation Launch Canton Pilot for US State Benefits

NewsFri, 21 Aug 2026 22:42:43 UTC2 hours ago
Digital Asset and Paul Ryan Foundation Launch Canton Pilot for US State Benefits

TL;DR:

  • Tech company Digital Asset and the American Idea Foundation introduced the RISE pilot program on August 21, 2026.
  • The system will integrate monthly or biweekly payments for food, childcare, and direct assistance on Canton Network.
  • The plan projects an initial rollout across three US states during the first quarter of 2027, contingent upon federal regulatory approval.

Infrastructure firm Digital Asset and the foundation led by former Speaker of the House Paul Ryan announced on August 21, 2026, a pilot project aimed at modernizing the distribution of US state benefits using distributed ledger technology.

The objective of the project, named RISE (Resources for Independence, Stability, and Employment), is to unify public resource allocation through programmable smart contracts on Canton.

Canton Networkโ€™s technical architecture allows the execution of eligibility logic and transaction coordination without exposing confidential financial information between participants. According to Digital Assetโ€™s technical report, this configurable privacy capability will enable state agencies to audit funds and verify regulatory compliance in real time.

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