Blockchain-Based Gaza Land Tokenization Plan Sparks Controversy
The Tony Blair Institute has reportedly collaborated on a contentious proposal to tokenize Gaza land using blockchain technology. The plan, developed with Boston Consulting Group, suggests compensating displaced Palestinian residents with $500,000 each to relocate, while redeveloping the territory with Dubai-inspired artificial islands and blockchain trade zones.
Ownership stakes in Gazan land would be sold through digital tokens, with residents exchanging private property for tokens redeemable for future housing units. The proposal references high-profile figures like Elon Musk and Donald TRUMP in its themed development concepts, aiming to attract private investment for post-conflict reconstruction.