Netanyahu seeks blockchain plan to counter potential financial sanctions

The Israeli prime minister said he had requested a plan involving blockchain technology as the country prepares for possible banking restrictions and declining US military assistance. Israeli Prime Minister Benjamin Netanyahu said Friday that he had requested a plan to use blockchain technology to help Israel counter potential financial sanctions, including restrictions on its banking system, according to i24NEWS. Speaking in an interview with Israel’s Channel 10, Netanyahu acknowledged concerns over possible economic restrictions and said the government was exploring alternative financial arrangements. When asked whether blockchain technology could provide an alternative, Netanyahu responded, “One of them, certainly. And I’ve already asked for a plan to be prepared for it.” The prime minister did not provide details about how the proposed system would operate, which blockchain networks might be involved…

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