**Future Social Welfare: Blockchain Solutions Urgently Need Breakthroughs** Blockchain technology offers an efficient distribution method for social welfare programs, but compliance challenges still exist. According to Guidepost Solutions CEO Julie Myers Wood, welfare distributed through traditional methods should explore digital delivery solutions. The Marshall Islands recently launched a basic income program, which is a successful example of distributing welfare directly to citizens via mobile wallets. However, anti-money laundering and compliance regulations remain major challenges for governments implementing such projects. As the tokenized bond market continues to grow, effectively addressing these compliance issues will be a key focus for governments worldwide. (cointelegraph)