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09/01 06:09

Trump mulls post-war Gaza plan featuring tokenized

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 2 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. 

The proposal has already attracted criticism, with Muslim civil rights organization the Council on American-Islamic Relations saying the “takeover of Gaza and the mass theft of Palestinian land through a digital token scheme is not only morally abhorrent and illegal under international law — it would amount to a war crime of historic proportions.”The Washington Post reported that the latest proposal was created by the people who spun up the US and Israel-backed Gaza Humanitarian Foundation, which is distributing food in Gaza, with the document’s financial planning done by a team that worked for the Boston Consulting Group at the time.

The Post reported that two people familiar with the planning said major elements of the plan were created to implement US President Donald Trump’s plan for Gaza. Still, it’s unclear if the plan is what Trump envisioned or if it is being considered. 

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