8-7-2025 – A controversial proposal to tokenize Gaza land through blockchain technology has triggered fierce condemnation from Palestinian activists, who called the plan “evil” and opportunistic.
The scheme, developed by Boston Consulting Group with involvement from two Tony Blair Institute staff members, would relocate half a million Palestinians from Gaza while converting public land into digital tokens traded on blockchain platforms. The proposal was shared with the Trump administration, first reported by the Financial Times on Monday.
Under the plan, Gaza’s public land would be placed in a trust and sold via digital tokens, while Palestinians could contribute private property in exchange for tokens representing future housing rights. The redevelopment vision includes Dubai-style artificial islands, luxury resorts branded as “Gaza Trump Riviera & Islands,” and an industrial zone called “The Elon Musk Smart Manufacturing Zone.”
The tokenization would transform Gaza real estate into an international investment opportunity, with tokens potentially trading on centralized exchanges. BCG’s financial modeling predicted 25% of Palestinians would leave the territory, calculating that relocation costs would be cheaper than providing reconstruction support.
Palestinian advocates have rejected the proposal as land theft disguised as development. “Those fucking monsters want to steal all Palestinian land and sell it back to them?” said Paul Biggar, founder of Tech for Palestine. Dr. Ashok Kumar from Birkbeck Business School described the plan as designed to make life “unbearable for survivors” to force exile.
Both BCG and the Tony Blair Institute have distanced themselves from the proposal, with BCG claiming leadership was misled about the project’s scope.
Industry experts remain skeptical about the technical feasibility, noting that commercial-scale land tokenization remains years away even for straightforward cases, let alone conflict zones.
