Trump mulls post-war Gaza plan featuring tokenized land: Report
A plan reportedly circulating in the Trump administration would sees the US take over Gaza and give Palestinians a digital token for their land.
The Trump administration is reportedly looking at a postwar plan for Gaza that proposes using tokenized land and digital tokens to relocate and rehouse residents under a potential US takeover.
The Washington Post reported on Sunday that a 38-page prospectus for a post-war Gaza, called the Gaza Reconstitution, Economic Acceleration and Transformation Trust (GREAT Trust), would see the US take over the Palestinian territory under a trusteeship for at least 10 years.
It would displace two million Gazans in a “voluntary” program, while offering them a specialized token for their land that could later be redeemed for an apartment in one of up to eight planned “smart cities” or for relocation elsewhere. Their temporary housing and food would also be subsidized for up to four years under the plan.